Tuesday, 03 July 2007

U.S. Stock-Index Futures Advance as Yields Hold Below 5%; Apple Gains

(Bloomberg) -- U.S. stock-index futures gained after
benchmark bond yields held below 5 percent for a second day and
investors speculated that a home-sales report will show the
housing market is recovering.

Apple Inc. rose after Goldman, Sachs & Co. said the iPhone
sold twice as fast as it forecast over the weekend. Oracle Corp.,
the world's third-largest software maker, advanced after rival
SAP AG admitted making ``inappropriate'' downloads of Oracle's
code.


Read more at Bloomberg Stocks News

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