Thursday, June 28, 2007

US STOCKS-Indexes flat before Fed rate decision

(Reuters) - NEW YORK, June 28 - U.S. stocks were treading
water on Thursday after data showed a measure of inflation
accelerated in the first three months of 2007 and before the
Federal Reserve's interest-rate decision.




Semiconductors were trading higher after chip makers Intel
Corp. and Advanced Micro Devices Inc. got
brokerage upgrades [ID:nWNA0822] [ID:nWNA0851] , while
financial shares were dragging on concerns about the subprime
mortgage market and the outlook for buyout activity.


Read more at Reuters.com Bonds News

No comments: