Stock Fund Inflow Continued In June (Investor’s Business Daily)
Investor’s Business Daily – Investors pumped $12 billion into stock funds in June. Bond funds pulled in $29.09 billion.
FCC seeks details on Google app rejection for iPhone
SAN FRANCISCO (Reuters) – The Federal Communications Commission is seeking additional information about Apple Inc’s decision to reject Google Inc’s voice application for the iPhone.
How the major stock indexes fared on Friday (AP)
AP – The stock market’s best July in 20 years is giving investors reason for hope about the economy. Investors are placing big bets that the ability of companies to squeeze out surprise profits means the longest recession since World War II is finally easing its grip. But even as earnings and some economic reports suggest the economy is strengthening, the stock rally means investors will pay a bigger price if they are wrong.
Asian stocks gain, Europe falls as US GDP eyed (AP)
AP – Asian stock markets closed out a robust July with more gains Friday as better-than-expected earnings at companies from Japan to the U.S. reinforced hopes of stronger global growth. European markets were weaker in early trade.
