1. Stock prices gained ground in late trading today. 2. Among those companies that surprised analysts -- and saw their stock prices gain -- were Microsoft Corp., International Business Machines Corp., Citicorp and Ameritech Corp. 3. Analysts expect the news of his return to cause prices to gain back some of those lossse. 4. Bond prices gained on weaker-than-expected April durable goods orders. 5. BONDS RALLY ON ECONOMIC NEWS Treasury prices gained on Friday as a flurry of economic reports failed to convince bond investors that inflation had become a problem. 6. Coffee prices also gained. 7. Copper prices gained amid expectations stockpiles will keep falling later this year once a seasonal lull in demand passes next month. 8. Copper prices gained in response to signs of a pickup in housing activity and a drop in London Metal Exchange stockpiles. 9. Cotton prices gained amid concern that poor weather conditions and insect infestations will leave the U.S. crop even smaller than current estimates. 10. Crude oil and cotton prices also gained. |