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Market Update : 
Markets rise on GM and Oil News
Author: 123jump.com Staff
123jump.com
Last Update: 10:12 AM ET June 07 2005



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Flattening yield in the 10-year treasury and Fed Chairman's comment that this itself does not spell disaster for the economy brought several buyers to the stock market. The yield fell to 3.89%. Buyers drive stock averaes in the opening hour to the higher ground. Tech, energy, financial, REIT, drug and HMOs shares are trading higher. Dollar lost some ground to Euro.

 

 

 

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