Thursday, May 31, 2007

Japanese Shares Climb on Fed's U.S. Outlook, Led by Sony; Komatsu Jumps

(Bloomberg) -- Japanese shares rose, sending the
Nikkei 225 Stock Average to a three-month high, after the U.S.
Federal Reserve said growth will pick up in the world's biggest
economy.

The Fed's outlook helped the Standard & Poor's 500 Index
pass its 2000 record and eased concern a slump in Chinese stocks
will cause a sell-off worldwide.


Read more at Bloomberg Stocks News

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