U.S. stocks surge after Fed rate hike
www.chinaview.cn 2006-06-30 02:38:39

    NEW YORK, June 29 (Xinhua) -- U.S. stocks added to gains on Thursday after the Federal Reserve raised the benchmark federal funds rate a quarter of a percentage point.

    The Dow Jones industrial average was up 128.23 points, or 1.17 percent, at 11,101.79.

    The Standard & Poor's 500 Index was up 14.59 points, or 1.17 percent, at 1,260.59. The Nasdaq Composite Index was up 27.21 points, or 1.29 percent, at 2,139.05. Enditem

Editor: Chen Feng
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