8 June 2007, 17:22  U.S. stock-index futures rose

U.S. stock-index futures rose after Treasury yields fell from their highs of the day. McDonald's Corp., the world's biggest restaurant chain, gained after reporting a jump in May sales. National Semiconductor Corp. advanced after the maker of computer chips posted profit that beat analysts' estimates and announced a $2 billion stock buyback. The U.S. stock market yesterday plunged after 10-year bond yields breached 5 percent for the first time since August, fueling speculation the Federal Reserve will raise interest rates. Futures erased earlier losses after the benchmark note's yield retreated from its high for today. ``We still remain bullish,'' said Henry Smith, who helps manage about $5.5 billion as chief investment officer at Haverford Trust Co. in Philadelphia. ``Stocks are attractive, maybe not quite as attractive as last month, given the rise in Treasury yields, but we don't look at yields going up too much higher from here.'' Standard & Poor's 500 Index futures expiring in September gained 0.3 to 1504 as of 8:54 a.m. in New York. Dow Jones Industrial Average futures increased 19 to 13,399. Nasdaq 100 Index futures added 1 to 1908.25.

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