71. U.S. stocks rallied for a second day, led by Microsoft Corp. and Intel Corp., on optimism that computer company profits will grow faster than forecast. 72. U.S. stocks rose to records on optimism that corporate profits will grow the rest of the year. 73. U.S. stocks rallied for a second day, paced by technology shares, on optimism that computer company profits will grow faster than forecast. 74. While some investors doubt corporate profits will grow fast enough to sustain the rally, many are betting they will. 75. Without the economic boom as a tail wind, companies may find it hard to make their profits grow and may even start reporting lower earnings. 76. With little in the way of manufacturing facilities, the bet on Wall Street is that profits will grow quickly. 77. And profits did not grow at Enron-like speed. 78. Because higher interest rates can cut into corporate profits, investors have been favoring stocks of companies whose profits are growing rapidly -- namely, technology stocks. 79. US stocks surged on optimism that corporate profits will grow more than investors expected during the worst of the Asian market woes. 80. In such circumstances, the US stock market has flourished and corporate profits have grown. |