Friday, June 8, 2007

U.S. Stocks Advance After Bond Yields Retreat, Oil Falls; U.S. Steel Gains

(Bloomberg) -- The U.S. stock market rebounded,
ending a three-day slump, after bond yields retreated from the
highest in five years and oil prices dropped.

U.S. Steel Corp., the largest U.S. steelmaker, jumped to a
record on speculation the company is a takeover target. National
Semiconductor Corp. rose the most since 2000 after the maker of
chips for electronic devices posted profit that beat analysts'
estimates.


Read more at Bloomberg Stocks News

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