(Bloomberg) -- U.S. stocks advanced on government
reports that showed an improving economic outlook, crowning the
week with America's equity benchmarks at record levels.
Indexes of commodities, energy, consumer and industrial
shares touched all-time highs after companies hired at almost
twice the pace in May and inflation climbed less than economists
forecast. Wal-Mart Stores Inc., the world's biggest retailer,
rose the most in seven months after saying it will buy back as
much as $15 billion in stock. Dow Jones & Co. shares climbed to
a six-year high on speculation Rupert Murdoch may raise his
takeover bid.
Read more at Bloomberg Stocks News
reports that showed an improving economic outlook, crowning the
week with America's equity benchmarks at record levels.
Indexes of commodities, energy, consumer and industrial
shares touched all-time highs after companies hired at almost
twice the pace in May and inflation climbed less than economists
forecast. Wal-Mart Stores Inc., the world's biggest retailer,
rose the most in seven months after saying it will buy back as
much as $15 billion in stock. Dow Jones & Co. shares climbed to
a six-year high on speculation Rupert Murdoch may raise his
takeover bid.
Read more at Bloomberg Stocks News
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