Friday, June 29, 2007

US STOCKS-Futures turn higher after inflation data

(Reuters) - NEW YORK, June 29 - U.S. stock index futures
reversed direction on Friday, turning higher, after a gauge of
inflation in May showed its lowest reading since March 2004.




The report was likely to give the Federal Reserve some
assurance it is making progress in its effort to curb
inflation.


Read more at Reuters.com Bonds News

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