Tuesday, June 26, 2007

U.S. Stock-Index Futures Advance; Bear Stearns, Apple, Google Shares Climb

(Bloomberg) -- U.S. stock-index futures advanced
after oil prices fell and concerns eased that losses tied to
subprime mortgages will hurt banks' earnings.

Bear Stearns Cos. climbed after a Lehman Brothers analyst
said the investment bank's bailout of a money-losing hedge fund
won't hurt its earnings. Apple Inc., maker of the iPod music
player, and Google Inc., the world's most popular Internet search
engine, gained after brokerages recommended buying the shares.


Read more at Bloomberg Stocks News

1 comment:

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