Wednesday, May 30, 2007

US STOCKS-Indexes up as M&A talk, buybacks mute China worry

(Reuters) - NEW YORK, May 30 - U.S. stocks rose on Wednesday
as optimism about prospects for more takeovers, share
repurchases and continued economic growth offset worries about
a sell-off in China's stock market.




Stocks may get direction from the Federal Reserve's
minutes from its May 9 interest-rate policy meeting, expected
at 2 p.m. . Investors will be looking for clues on
whether the Fed will cut rates later this year or hold rates
steady.


Read more at Reuters.com Bonds News

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