Tuesday, June 26, 2007

U.S. Stocks Gain on Easing Subprime Concern; Freddie Mac, Google Advance

(Bloomberg) -- U.S. stocks gained after concerns
eased that losses tied to subprime mortgages will hurt
financial company earnings and bond yields held near a three-
week low.

Freddie Mac, the second-biggest U.S. mortgage finance
company, advanced after its treasurer said the subprime slump
is ``contained.'' Google Inc., the world's most popular
Internet search engine, climbed after brokerages recommended
buying the shares.


Read more at Bloomberg Stocks News

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