Thursday, June 28, 2007

Wall St ends flat after Fed statement; RIMM up

(Reuters) - U.S. stocks closed little changed on Thursday, after the Federal Reserve said it sees moderate economic growth over coming quarters but signaled it remains concerned about inflation.

The Nasdaq ended slightly higher, boosted by communications equipment and semiconductor stocks, which rose after brokerage upgrades of Cisco Systems Inc. and Intel Corp.


Read more at Reuters Africa

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