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US stocks jump 2 NEW YORK
Published in Saudi Press Agency on 18 - 10 - 2004

rate sensitive stocks rose as U.S. Treasury debt yields held near 7-month lows after an index of consumer sentiment in October fell more than expected, adding to concerns about the economy.
The yield on the benchmark 10-year note was below 4 percent for a second straight day.
"Lower interest rates help all stocks, but they especially help stocks like Home Depot and others with a lot of debt," said Tom Schrader, managing director at Legg Mason Wood Walker.
Home builders were among the top performing groups, with the Dow Jones home builder index up 3.5 percent. --More 0054 Local Time 2154 GMT


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