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Wall Street mixed after strong rally.

Europe Intelligence Wire

| June 16, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From FT Investor (Pulses))

Wall Street had a mixed opening on Friday after Thursdays strong rally gave indices one of their best days in years. Investors helped push Oracle higher after the company gave upbeat sales forecasts, while Microsoft dipped slightly on news of Bill Gates departure from the company. In morning trading, the S&P 500 was down 0.2 per cent or 2.45 points at 1253.71, while the Nasdaq Composite was down 0.1 per cent or 3.07 points at 2,141.08. The Dow Jones Industrial Average was flat, up 1.84 points to 11,017.03. US stocks surged on Thursday with the S&P 500 posting its best day since October 2003 in percentage …

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