(Reuters) - NEW YORK, June 29 - U.S. stocks barely budged in
the early afternoon on Friday as concerns about fewer buyout
financings and the subprime mortgage industry overshadowed
earlier optimism about the economy and inflation.
Oil hovered above $70 a barrel and investors took profits
before a long weekend, which contributed to the erasing of
gains. With the Fourth of July falling in the middle of next
week, some market participants may opt to start the holiday
early by taking a long weekend.
Read more at Reuters.com Bonds News
the early afternoon on Friday as concerns about fewer buyout
financings and the subprime mortgage industry overshadowed
earlier optimism about the economy and inflation.
Oil hovered above $70 a barrel and investors took profits
before a long weekend, which contributed to the erasing of
gains. With the Fourth of July falling in the middle of next
week, some market participants may opt to start the holiday
early by taking a long weekend.
Read more at Reuters.com Bonds News
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