Tuesday, June 26, 2007

U.S. Stocks Erase Gains; S&P 500 Declines for Fourth Time in Five Days

(Bloomberg) -- U.S. stocks declined and the
Standard & Poor's 500 Index slid for the fourth time in five
days, dragged down by energy shares after the price of oil fell.

The S&P 500 lost 1.29, or 0.1 percent, to 1496.45 as of
2:26 p.m. in New York. The Dow Jones Industrial Average added
10.48, or 0.1 percent, to 13,362.53, helped by rallies in Merck
& Co. and Altria Group Inc. The Nasdaq Composite Index was
little changed at 2577.11.


Read more at Bloomberg Stocks News

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