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Tuesday, April 17, 2007

S&P Futures Rally to Contract Highs

S&P – June S&P futures rallied beyond prior contract highs to close at 1475.40. In addition to yesterday’s rally, stocks come in on a positive note, helped by stronger-than-expected housing and CPI data. Housing Starts, which were slated to show a decline, instead rose 0.8 percent, while housing permits also rose 0.8 percent. Read More.....