Thursday, April 19, 2007

GLOBAL MARKETS-US profits offset China woe; stocks up,bonds flat

(Reuters) - NEW YORK, April 19 - Worry about China's red-hot economy pushed down equities in Europe and Asia on Thursday, but a round of better-than-expected corporate earnings helped U.S. stocks fend off a sharp loss, while Treasury bonds stalled after an expected pull-back in stocks failed to materialize.

Likewise, an earlier gain in the yen faded as investors maintained their appetite for riskier assets.


Read more at Reuters.com Bonds News

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