Friday, June 15, 2007

US STOCKS-Wall St rallies on tamer inflation, Intel

(Reuters) - NEW YORK, June 15 - U.S. stocks climbed on Friday
on reassuring inflation news and fresh optimism about the tech
sector after an upgrade of bellwether Intel.




A 4.1 percent jump in the shares of Intel Corp.
triggered an advance in technology stocks after Goldman Sachs
raised its rating on the world's dominant chip maker, to "buy"
from "neutral." A flurry of deal news also lent support,
following a report that the New York Mercantile Exchange
was exploring a sale. Shares of the NYMEX, the world's
largest energy market, rose 2.9 percent.


Read more at Reuters.com Bonds News

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