Tuesday, July 06, 2010
U.S. stocks strong on chip sales, Aussie bank
U.S. STOCKS STRONG ON CHIP SALES, AUSSIE BANK
U.S. stocks rose Tuesday, boosted by bullish comments from Australia's
central bank and reports that global chip sales rose 4.5% in May from
the prior month.
U.S. SERVICE SECTOR WEAKENS A BIT IN JUNE
The service sector of the U.S. economy continued to grow in June, but
at a slower pace, according to a survey of companies released by the
Institute for Supply Management.
TREASURYS TURN UP AGAIN AFTER ISM SERVICES DATA
Treasury prices turn higher after a brief turn down, as traders eye
stock-market gains.
BP'S NEW YORK-LISTED SHARES EXTEND BOUNCE
BP's New York-listed shares extended gains Tuesday, reflecting hopes
that the oil giant's battered shares may discount the costs of the
Gulf of Mexico oil spill and attract new holders.
