Tuesday, July 31, 2007

Wall St. rises on data, GM earnings

(Reuters) - U.S. stocks climbed on Tuesday after General Motors Corp. added to optimism about corporate earnings and a key inflation indicator showed a smaller-than-expected rise.

GM shares jumped 6 percent to $34.56 after the blue-chip automaker swung to a profit in the second quarter and handily topped Wall Street's expectations. For details, see ID:nN30442082.


Read more at Reuters Africa

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