Monday, June 18, 2007

Wall St set to extend gains as rate outlook shifts

(Reuters) - U.S. stocks rose for a third straight day on Friday, helping
the Standard & Poor's 500 rack up its best weekly gain in
two months, after a government report showed core consumer
inflation picked up at a slower pace than expected in May.




U.S. interest rate futures <0#ED:> show investors rule out a
rise in U.S. interest rates for at least another two years.


Read more at Reuters.com Bonds News

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