BLBG: U.S. Stocks Pare Advance as Banks Trim Gain, Industrials Retreat
By Nick Baker
June 7 (Bloomberg) -- U.S. stocks pared gains as banks trimmed their advance and shares of industrial companies declined.
The Standard & Poor’s 500 Index rose 0.2 percent to 1,066.46 at 10:35 a.m. in New York. The measure had climbed 0.6 percent after an unexpected surge in German factory orders allayed concern that the global recovery is faltering.
