Wednesday, May 30, 2007

U.S. Stocks Rise, S&P 500, Dow Average Hit Records; Energy, Finacials Gain

(Bloomberg) -- U.S. stocks rallied for a third day,
breaking the 2000 record for the Standard & Poor's 500 Index and
bringing the Dow Jones Industrial Average to its 25th peak this
year.

Exxon Mobil Corp., the world's largest oil producer, rose
to an all-time high after crude prices gained. Goldman Sachs
Group Inc., the world's biggest securities firm, led financial
shares to the second-biggest contribution to the S&P 500's
advance after the Federal Reserve said economic growth will pick
up.


Read more at Bloomberg Stocks News

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