Wednesday, May 30, 2007

US STOCKS-S&P 500 hits record finish as Wall St rallies

(Reuters) - NEW YORK, May 30 - The Standard & Poor's 500
closed at its first record high in seven years on Wednesday
after minutes from the Federal Reserve's latest meeting
reassured investors about the economy's health.




Amid a broad-based rally in the U.S. stock market, the Dow
industrials set another record high, too, bringing a
resounding end to a global equities sell-off sparked by a
plunge in China's benchmark share index.


Read more at Reuters.com Bonds News

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