(Reuters) - NEW YORK, July 11 - U.S. stocks regained their
footing on Wednesday, as a scarcity of profit warnings sparked
hopes corporations would turn in solid quarterly reports, but
the upswing hurt bonds.
The first drop in U.S. crude oil supplies in six weeks and
a decision by Lehman Brothers to boost its share price target
for Exxon Mobile Corp. helped lift the oil giant's
shares 0.9 percent to $87.29.
Read more at Reuters.com Bonds News
footing on Wednesday, as a scarcity of profit warnings sparked
hopes corporations would turn in solid quarterly reports, but
the upswing hurt bonds.
The first drop in U.S. crude oil supplies in six weeks and
a decision by Lehman Brothers to boost its share price target
for Exxon Mobile Corp. helped lift the oil giant's
shares 0.9 percent to $87.29.
Read more at Reuters.com Bonds News
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