(Bloomberg) -- U.S. stocks rallied and the Standard & Poor's 500 Index reached a six-year high after consumer prices rose less than forecast, reinforcing speculation the Federal Reserve won't increase interest rates.
Shares of General Motors Corp. pushed the Dow Jones Industrial Average to a record after Lehman Brothers Holdings Inc. upgraded the largest U.S. automaker. Agilent Technologies Inc. climbed after the biggest maker of scientific-testing equipment posted quarterly profit that beat analysts' estimates.
Read more at Bloomberg Stocks News
No comments:
Post a Comment