Wednesday, June 13, 2007

US STOCKS-Indexes rise as U.S. bond yields retreat

(Reuters) - NEW YORK, June 13 - U.S. stocks rose on Wednesday
as a pullback in benchmark bond yields triggered a rebound in
interest-rate-sensitive shares including banks, utilities and
home builders.




Data signaling strength in U.S. consumer spending also
reassured investors, lifting shares of big manufacturers such
as plane maker Boeing Co. and those of consumer-oriented
companies such as Altria Group .


Read more at Reuters.com Bonds News

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