Sun, Jun 18, 2006 - Page 10 News List

US stocks finish up after zigzag week

SCHIZOPHRENIC MARKET After a sharp plunge at the beginning of the week, US stocks bounced sharply back up in their best two-day run in more than three years

AP , NEW YORK

Lower second-quarter earnings from Carnival Corp., the world's largest cruise operator, still beat analysts' estimates and company projections and the stock rose US$2.02 to US$40.19. The company also reaffirmed its full year forecast.

Adobe Systems Inc rose US$0.16 to US$29.12 despite a weak second quarter after Oppenheimer upgraded the software company's shares to "buy" from "neutral."

Preliminary consolidated volume on the New York Stock Exchange was 2.89 billion shares, up from 2.88 billion the previous session.

The Russell 2000 index of smaller companies fell 7.98, or 1.14 percent, to 693.07.

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