Sunday, July 1, 2007

RPT-Wall St Wk Ahead: Jobs, subprime mess to rule July 4 week

(Reuters) - NEW YORK, July 1 - Investors are hoping this week
brings some answers to the question of whether an improving
U.S. economy unleashes inflationary forces, and one place to
look will be in the June payrolls data.




At the same time, the potential for defaults in subprime
loans to spill over to the general economy remains a concern.
Nervousness that tighter credit may affect the availability of
financing for buyouts prompted investors to sell banks' and
brokers' shares on Friday, which helped cut short a morning
rally.


Read more at Reuters.com Bonds News

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