Thursday, June 14, 2007

US STOCKS-Flat open seen after PPI; Bear Stearns off

(Reuters) - NEW YORK, June 14 - U.S. stocks headed for a flat
open on Thursday following an unexpectedly strong reading in
the May headline U.S. producer price index.




But with the core reading in PPI, minus food and energy
costs, coming in line with expectations and some buyers moving
back into Treasuries, stock investors appeared poised to wade
back into equities amid a rebound in global stock markets.


Read more at Reuters.com Bonds News

No comments: