Wednesday, June 27, 2007

US STOCKS-Indexes flat as higher oil offsets weak econ data

(Reuters) - Major indexes had fallen after weaker-than-expected durable
goods data hurt industrial shares and added to uneasiness about
the outlook for corporate profits. But bond yields fell on the
economic data, drawing more investors into stocks.




Stocks had also succumbed to fears about higher interest
rates and the troubled subprime mortgage market.


Read more at Reuters.com Bonds News

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