U.S. stocks higher; bolstered by GM, inflation data

11:45 am ET Jul 31, 2007

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U.S. stocks higher; bolstered by GM, inflation data

NEW YORK
U.S. stocks spent a second day in recovery mode Tuesday, climbing higher
on above-forecast earnings from Dow component General Motors Corp. and
benign inflation data.

Economic Report: U.S. core inflation falls to 3-year low of 1.9%

WASHINGTON
Core consumer inflation increased 0.1% for the fourth consecutive month
in June, pushing the yearly gain in core inflation down to the lowest
level in three years, the Commerce Department said Tuesday.