Friday, April 27, 2007

U.S. Stocks Pare Decline; Dow Average Rises to Record on Microsoft Rally

(Bloomberg) -- U.S. stocks pared a decline after consumer confidence topped economists' forecast in April and shares of Microsoft Corp., the largest software maker, rallied.

The Standard & Poor's 500 Index fell 1.51, or 0.1 percent, to 1492.74 as of 10:13 a.m. in New York after earlier dropping as much as 0.3 percent. The Dow Jones Industrial Average added 5.2 to 13,110.7, a record high. The Nasdaq Composite Index climbed 7.27, or 0.3 percent, to 2561.73.


Read more at Bloomberg Stocks News

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