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To: U Up U Down who wrote (12314)11/4/1999 7:53:00 AM
From: Bipin Prasad  Read Replies (1) | Respond to of 19080
 
London, Nov. 4 (Bloomberg) -- U.S. stocks gained in Europe,
led by banks such as Citigroup Inc., and computer-related
stocks including Intel Corp., on optimism the cycle of
rising interest rates may soon end in the world's largest
economy.
''The inflation news has been much better,'' said Naren
Dutta, who oversees about 3 billion pounds ($4.9 billion)
in U.S. stocks at Royal & Sun Alliance Investment Management.
''We're pretty close to the end of the rate-increase cycle.''