Thursday, March 29, 2007

U.S. stocks rise after 3-day losing streak

11:41 am ET Mar 29, 2007

DJIA

12,349

+48.79

S&P

1,422

+5.36

NASDAQ

2,416

-0.22

10Yr

4.64%

+0.018

U.S. stocks rise after 3-day losing streak

NEW YORK
Stocks rose firmly on Thursday, as investors keen to end a three-day
losing streak found support from a report showing fourth-quarter growth
was unexpectedly revised higher.

Economic Report: U.S. fourth-quarter economic growth revised up to 2.5%
rate

WASHINGTON
The U.S. economy grew at a 2.5% annual pace in the final three months of
2006, slightly faster than the previous estimate of 2.2%, the Commerce
Department reported Thursday.

Futures Movers: Crude-oil futures climb closer to $65; natural-gas
prices retreat

SAN FRANCISCO
Crude-oil futures climbed closer to $65 a barrel Thursday morning,
trading at their strongest level since December as traders monitored
develops between Iran and the U.K., following Iran's arrest of 15
British troops late last week.

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