US stocks extend gains

Wall Street extended its rally to a second session today as investors brushed aside mixed signals on inflation a day after the Federal Reserve said it was concerned about rising prices.

US stocks extend gains
Thu, 01 Jun, 2006 - 23:12

Wall Street extended its rally to a second session today as investors brushed aside mixed signals on inflation a day after the Federal Reserve said it was concerned about rising prices.

The Dow Jones industrial average surged nearly 92 points and the Nasdaq composite index, battered during the market’s May slump, turned positive for the year.

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