Thursday, June 28, 2007

US STOCKS-Indexes tread water as Fed decides on rates

(Reuters) - NEW YORK, June 28 - U.S. stocks barely moved on
Thursday as investors stayed cautious before a Federal Reserve
statement that could give clues on the outlook for interest
rates.




The Dow industrials drifted lower after data showed a
measure of inflation monitored by the Fed accelerated in the
first three months of 2007.


Read more at Reuters.com Bonds News

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