Tuesday, July 17, 2007

U.S. Stocks Advance, Dow Average Tops 14,000; American Express Shares Gain

(Bloomberg) -- U.S. stocks rose, sending the Dow
Jones Industrial Average past 14,000 for the first time, after
wholesale inflation unexpectedly declined and Goldman, Sachs &
Co. advised buying shares of American Express Co.

American Express, the fourth-biggest U.S. credit-card
issuer, led the Dow average to a fourth-straight record. Rohm &
Haas Co., the largest maker of acrylics for paints and plastics,
pushed a gauge of raw-materials producers to the steepest gain
in the Standard & Poor's 500 Index on its plan for a $2 billion
share buyback.


Read more at Bloomberg Stocks News

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