U.S. stocks most higher in extending best rise since March

11:50 am ET Sep 24, 2007

DJIA

13,855

+35.77

S&P

1,527

+1.56

NASDAQ

2,686

+15.32

10Yr

4.64%

+0.006

U.S. stocks most higher in extending best rise since March

NEW YORK
U.S. stocks pulled higher Monday, as investors remained upbeat about the
Federal Reserve's surprise half-percentage point interest-rate cut last
week that helped propel Wall Street's biggest rise since March.

BHP gains on optimism over potential for big gold discovery

LONDON
Shares of BHP Billiton climbed to a record high in Sydney on Monday and
traded strongly in London on a report that the mining giant was expected
to announce what's the potentially largest gold resource in the world at
its Olympic Dam mine in South Australia.

Credit crunch to slow, not stop, global growth: IMF report

WASHINGTON
The financial markets' turmoil and the credit crunch will likely slow
the global economic expansion but won't be sufficient to bring it to a
halt, the International Monetary Fund said in a report released Monday.

Japan's Fukuda is set to become next prime minister

TEL AVIV Yasuo Fukuda, a moderate on international affairs, won the
leadership of Japan's ruling Liberal Democratic Party, positioning him
to become the country's next prime minister, according to media
reports.