Monday, 02 July 2007

US STOCKS-Wall St. rallies on deal news, factory data

(Reuters) - NEW YORK, July 2 - U.S. stocks began the new
quarter with a rally on Monday, boosted by a new wave of
takeover activity and data showing a pickup in manufacturing
activity in June.




A surprise rise in the Institute for Supply Management's
factory index to its highest in more than a year helped to lift
shares of large manufacturers, such as Caterpillar Inc.
and United Technologies Corp.


Read more at Reuters.com Bonds News

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