Friday, April 20, 2007

US STOCKS-Shares rally as earnings beat estimates

(Reuters) - Dow component Caterpillar, a manufacturer of heavy construction and mining equipment, also raised its outlook and said growth outside North America was offsetting weakness in the U.S. housing and truck engine markets. For more see [ID:nN19299226].

A jump in crude oil prices boosted shares of energy companies including Exxon Mobil Corp. , aiding the rally.


Read more at Reuters.com Bonds News

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