Friday, June 8, 2007

US STOCKS-Indexes rise as inflation, rate fears wane

(Reuters) - NEW YORK, June 8 - U.S. stocks rose on Friday as
bond yields retreated from their highs and oil prices fell,
easing concerns about rising borrowing costs and inflation.




A flurry of encouraging news, including strong monthly
sales at fast-food chain McDonald's Corp. , also lent
support after the previous session's steep losses.


Read more at Reuters.com Bonds News

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