US stocks rise

Wall Street today bounced back from its sharp decline a day earlier, boosted by takeover activity ahead of second-quarter earnings reports.

US stocks rise
Wed, 11 Jul, 2007 - 23:14

Wall Street today bounced back from its sharp decline a day earlier, boosted by takeover activity ahead of second-quarter earnings reports.

Investors shaken by profit warnings earlier in the week appeared to be cautiously optimistic as they awaited quarterly earnings reports.

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