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Article: MARKET MOVERS
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- July 6, 2007
- Author:
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From news service reports
The Record (Bergen County, NJ)
07-06-2007
MARKET MOVERS
From news service reports
Date: 07-06-2007, Friday
Section: BUSINESS
Edtion: All Editions
Column: MARKET MOVERS
NEW YORK Stocks closed mixed in uneven post-holiday trading Thursday as a rebound in bond yields stifled Wall Street's excitement about new buyout activity and strength in the U.S. service sector.
The Institute for Supply Management's index of service sector activity rose to 60.7 in June from 59.7 in May, indicating that non-manufacturing industries saw slightly faster expansion. The figure was better than expected, fueling sentiment that the economy is recovering from a slow first quarter.
However, ...