Monday, July 2, 2007

U.S. Stock-Index Futures Advance; Apple, Costco Wholesale Shares Climb

(Bloomberg) -- U.S. stock-index futures rose on
speculation that Apple Inc.'s initial iPhone sales beat analyst
estimates and that factory orders held near a 13-month high.

Apple gained after shoppers bought as many as 500,000
iPhones over the weekend, according to a Piper Jaffray
estimate. Costco Wholesale Corp., the largest U.S. warehouse
club, climbed after Goldman, Sachs & Co. recommended buying the
stock.


Read more at Bloomberg Stocks News

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