Monday, July 2, 2007

U.S. Stocks Advance After Strategist Boosts S&P 500 Forecast; Costco Rises

(Bloomberg) -- U.S. stocks rose after a Bank of
America Corp. strategist raised his forecast for the Standard &
Poor's 500 Index and investors speculated factory orders held
near a 13-month high.

Costco Wholesale Corp., the largest U.S. warehouse club,
climbed after Goldman, Sachs & Co. recommended buying the
stock. Archer Daniels Midland Co., the biggest grain processor,
gained after Bank of America upgraded the stock to ``buy.''


Read more at Bloomberg Stocks News

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