Wednesday, 25 July 2007

GLOBAL MARKETS-U.S. stocks rise in choppy session, oil soars

(Reuters) - NEW YORK, July 25 - U.S. stocks ended a seesaw
session higher on Wednesday, as strong profits from companies
such as Boeing Co. offset concerns about financing for
corporate deals drying up.




A rise in shares of energy companies on the back of higher
oil prices also helped Wall Street. On the New York Mercantile
Exchange, September crude settled up $2.32, or 3.1
percent, at $75.88 a barrel after government data showed that
crude stocks fell last week as refinery usage rose.


Read more at Reuters.com Bonds News

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