61. Stock averages advanced, led by large-capitalization and transportation issues, which benefited from the bond market rally. 62. Stocks that react the most to lower rates, such as bank, insurance and other financial-service companies, rose in response to the bond market rally. 63. Still, any sign of the government bowing to pressure to boost the economy could spell the end of the bond rally, traders said. 64. That may trigger a bond market rally and send yields to new lows, a growing number of investors say. 65. The bond rally helped the dollar against the German mark and the Japanese yen in currency trading. 66. The bond rally helped push stocks higher. 67. The bond rally was driven by a robust peseta. 68. The bond rally and some bargain hunting among depressed technology shares lifted most of the stock market Thursday. 69. The bond rally began on election day, when Republicans led by Newt Gingrich captured both houses of Congress for the first time in four decades. 70. The bond rally helped stocks, giving investors confidence that lower borrowing costs can foster profit growth in the months ahead. |