1. Prices had not climbed as fast in the first place and were less dependent on volatile international buying. 2. Among other metals, copper climbed as stock markets recovered in Asia and amid expectations of strong North American and European demand. 3. Bank shares climbed as falling commodity prices restored confidence that inflation and interest rates will remain at their current levels in the coming weeks, analysts said. 4. Bank-bill futures, a barometer of interest rate expectations, climbed as investors priced in the rate cut. 5. Banks, such as Metropolitan Bank and Trust Co. and Philippine Commercial International Bank, climbed as growth in the financial services industry continued to accelerate. 6. Bonds also climbed as Greenspan, in his second day of semi-annual congressional testimony, repeated his view the economy will slow. 7. Bonds earlier climbed as a strengthening dollar made U.S. securities more attractive to overseas investors. 8. Brady bond volume climbed as prices continued to fall, traders said. 9. After his epiphany on McKinley, he sees climbing as an affirmation of life, not a death wish. 10. BOTH DOW AND NASDAQ CLIMB The stock market climbed as investors took heart from big merger plans, stronger bond prices and renewed interest in technology shares. |