Friday, June 15, 2007

U.S. Stocks Rally After Measure of Consumer Prices Slows; Intel Advances

(Bloomberg) -- U.S. stocks rallied for a third day
after a measure of consumer prices increased less than forecast
in May, easing concern inflation will spur higher interest
rates.

Intel Corp., the world's biggest maker of computer chips,
gained after Goldman Sachs encouraged investors to buy the
shares. Home Depot Inc., the largest home-improvement retailer,
advanced on prospects of a $10 billion offer for its contractor-
supplies business.


Read more at Bloomberg Stocks News

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