Friday, January 26, 2007

US stock market starts higher on durables, Caterpillar

U.S. stocks rebounded on Friday after a stronger-than-expected forecast from Caterpillar Inc. and data showing orders for durable goods above Wall Street estimates.

The Dow Jones industrial average was up 14.42 points, or 0.12 percent, at 12,516.98. The Standard and Poor's 500 Index was up 1.01 points, or 0.07 percent, at 1,424.91. The Nasdaq Composite Index was up 6.86 points, or 0.28 percent, at 2,441.10

Read Full Article at Reuters South Africa

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