Wednesday, June 20, 2007

REFILE-US STOCKS-Indexes rise on Home Depot buyback, GE advance

(Reuters) - NEW YORK, June 20 - U.S. stocks rose on Wednesday
as Home Depot Inc.'s plan for a $22.5 billion share
buyback underscored optimism about equity valuations, along
with the growing allure of large-cap stocks, including General
Electric Co. .




Home Depot shares led advances on both the Dow and the S&P
500, with a gain of more than 6 percent, while shares of
diversified manufacturer GE climbed 0.7 percent.


Read more at Reuters.com Market News

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