Stocks and Dollars

By Rodrigo Campos NEW YORK, May 31 (Reuters) – Mid- and smallcap stocksextended their streak of gains to four days on Tuesday as theeuro's climb lifted investor appetite for risk, while materialshares …

* Report for Greek plan whets risk appetite, oil rises * New economic data disappoints already nervous investors * Nokia ADRs plummet in busiest day for stock since Feb * Dow up 1 pct, S&P 500 up 1.1 pct, …

* Report for Greek plan whets risk appetite, oil rises * New economic data disappoints already nervous investors * Nokia ADRs plummet in busiest day for stock since Feb * Dow up 1 pct, S&P 500 up 1.1 pct, …

While BOC’s maintenance of the overnight rate at 1% is widely expected, the surprise comes from the policy statement which appears more hawkish than previously anticipated. Policymakers showed their concerns about inflationary pressures that have been driven by rising commodity prices. The central bank stated that current stimulus measures will

Stocks added to gains reached on optimism over prospects of a Greek bailout package, despite several reports of economic weakness, but the gains weren’t enough to erase a month of losses.

Among the stock activity stories for Tuesday, May 31, from the Associated Press: — Shares of Web travel deal company Travelzoo Inc. jumped after a Morgan Keegan analyst upgraded the stock and said its price drop since hitting an all-time high last month makes it an “attractive” buy.

There’ll be much to do about double dips, comparisons with Japan and the failure of policies to end America’s housing nightmare. The 5.1 per cent fall in the S&P/Case-Shiller national index for the first quarter versus a year ago looks ugly.

The rising tide of stocks last year further erased the damage of the 2008 financial crisis and buoyed worldwide personal wealth to a new record high.