Thursday, July 26, 2007

US stock indexes gain on profits, energy; Apple up late

(Reuters) - U.S. stocks rose in volatile trading on Wednesday as a 3 percent rise in oil prices lifted energy shares while strong profits from Boeing Co. countered market concerns about merger financing.

Boeing shares jumped to a record high and led advancers on the Dow, while Internet retailer Amazon.com Inc. paced the Nasdaq with a 24-percent rise after tripling its profit.


Read more at Reuters Africa

No comments: