Monday, 25 June 2007

U.S. Stocks Rise as Bond Yields Decline; General Motors, Utilities Advance

(Bloomberg) -- U.S. stocks advanced after bond
yields fell and investors speculated General Motors Corp. is
close to a settlement with the United Auto Workers union.

GM climbed to the highest in four months after Goldman,
Sachs & Co. advised clients to buy shares of the biggest U.S.
automaker. Telephone companies and utilities rallied the most in
the Standard & Poor's 500 Index as lower interest rates make
their dividends more attractive.


Read more at Bloomberg Stocks News

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