Tuesday, May 15, 2007

U.S. Stocks Rise After Consumer Prices Data Trail Forecast; GM Advances

(Bloomberg) -- U.S. stocks rose 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 to the highest since 2001 after the biggest maker of scientific-testing equipment posted quarterly profit that beat analysts' estimates.


Read more at Bloomberg Stocks News

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