Wednesday, June 13, 2007

US STOCKS-Futures point up on data, slip in yields

(Reuters) - NEW YORK, June 13 - U.S. stock futures indicated
a higher open on Wednesday as data pointing to strength in
consumer spending boosted optimism about profit growth and as
bond yields backed down from five-year highs.




Even so trading could be volatile, with investors keeping a
close eye on the bond market, where a recent sell-off has
raised concerns about higher benchmark U.S. interest rates.


Read more at Reuters.com Bonds News

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