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The Chicago Tribune Bill Barnhart Market Report column.
Byline: Bill Barnhart
Jun. 2--Stocks advanced broadly in moderate trading Thursday. Investors opened June on an optimistic note after a depressing May on Wall Street.
The recent retreat in gold, copper and oil prices seemed to present stocks in a more favorable light. Thursday's economic reports, including an increase in worker productivity and a decrease in labor costs, helped the rally. Technology stocks, including International Business Machines, Cisco Systems and Apple Computer, rebounded from their slump. Telephone and telephone equipment stocks rallied. AT&T, which closed up 85 cents, to $26.91, was the biggest percentage gainer in ...
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Source: HighBeam Research, The Chicago Tribune Bill Barnhart Market Report column.