Monday, April 30, 2007

US STOCKS-Blue chips poised for best month in three years

(Reuters) - NEW YORK, April 30 - The Dow Jones industrial average touched a record high for the fourth straight session on Monday as government data helped soothe inflation worries and the latest earnings results pointed to robust corporate growth.

The S&P and the Nasdaq were nearly unchanged, as some investors took stocks' best monthly performance in three years as a cue to lock in profits by selling their shares. Both the S&P and Nasdaq Composite gained more than 5 percent in April. The Dow is up more than 6 percent.


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