Thursday, June 21, 2007

U.S. Stocks Rise on Easing Mortgage Concern, Economic Outlook; AMD Gains

(Bloomberg) -- U.S. stocks rebounded from their
worst day in two weeks after Merrill Lynch & Co. assuaged
concern of a looming credit crisis and the latest government
report on the economy showed growth is accelerating.

Advanced Micro Devices Inc., the second-largest maker of
personal-computer processors, and Nvidia Corp., a producer of
graphics chips, posted the biggest gains in the Standard &
Poor's 500 Index. Exxon Mobil Corp. climbed the most in the Dow
Jones Industrial Average, fueling a rally in oil and gas company
shares.


Read more at Bloomberg Stocks News

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