U.S. stocks rise slightly after Shanghai stumble

4:30 pm ET Jun 4, 2007

DJIA

13,676

+8.21

S&P

1,539

+2.84

NASDAQ

2,618

+4.37

10Yr

4.93%

-0.027

U.S. stocks rise slightly after Shanghai stumble

NEW YORK
U.S. stocks managed to close higher Monday, after investors took news
of another overnight stumble in the Shanghai stock market in stride, and
a sustained stream of deal news offset rising bond yields and crude
prices.

Apple puts a date on the iPhone rollout: June 29

SAN FRANCISCO
In a series of television commercials that debuted over the weekend,
Apple Inc. revealed that it would release the iPhone, its highly
anticipated combination mobile phone and iPod digital-media player, on
June 29.

The Ratings Game: Investors embrace Wal-Mart's strategy change; shares
gain

CHICAGO
Wal-Mart Stores Inc. shares bucked Monday's weakness among a number of
Dow Jones Industrial Average components, gaining ground amid a throng of
encouraging comments from analysts who follow the retailer.

Futures Movers: Crude rallies on rising demand, Gulf storm, Russia

NEW YORK
Crude-oil futures rallied Monday, boosted by a combination of factors,
including an increase in fuel demand, escalating tensions between Russia
and the West, and the risk of a cyclone hitting the Persian Gulf.

Relations with Russia to overshadow Group of Eight summit

WASHINGTON
A distinct chill in U.S.-Russian relations threatens to cast a shadow
across the Group of Eight summit of leading industrialized nations later
this week, analysts said Monday.