U.S. stocks set to rise after hitting month lows

Newswire

(Adds personal income data, schedule for consumer confidence report) By Bill Rigby NEW YORK, April 30 (Reuters) - U.S. stocks were poised to rise on Friday as investors go bargain-hunting after two days of losses, which sent the major indexes to their lowest levels in a month on fears of rising interest rates. Blockbuster earnings continued on Friday, with Dow component Procter & Gamble Co. and oil giant ChevronTexaco Corp. posting sharp increases in quarterly profit. So far this ...

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