Monday, July 2, 2007

US STOCKS-Indexes climb on factory growth, M&A buzz

(Reuters) - NEW YORK, July 2 - U.S. stocks kicked off the
third quarter on a high note on Monday, boosted by
merger-and-acquisition activity and data showing stronger
manufacturing growth in June even as price pressures eased.




Economically sensitive stocks, such as heavy equipment
maker Caterpillar Inc. and industrial conglomerate
United Technologies Corp. , were some of the session's
leaders after the Institute for Supply Management posted a
surprising gain in factory activity.


Read more at Reuters.com Bonds News

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