Tuesday, June 5, 2007

US STOCKS-Indexes drop on interest-rate worries

(Reuters) - NEW YORK, June 5 - U.S. stocks fell on Tuesday as
signs of strength in the services sector and comments from
Federal Reserve Chairman Ben Bernanke put an interest rate cut
further out on the horizon, with surging bond yields adding to
concerns.




Rate-sensitive utility stocks fell, with shares of Edison
International dropping 2 percent.


Read more at Reuters.com Bonds News

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