Friday, June 29, 2007

U.S. Stock-Index Futures Decline; Palm Shares Drop, Apple Gains in Europe

(Bloomberg) -- U.S. stock-index futures fell before
a government report that may show a price gauge tied to consumer
spending rose due to higher energy prices.

``Inflation remains the main concern,'' said Carsten Klude,
who helps manage $20 billion as head of investment strategies
at M.M. Warburg & Co. in Hamburg. ``Yesterday's Fed statement
was neither fish nor fowl. Today all eyes are on the economic
reports.''


Read more at Bloomberg Stocks News

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