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Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily. I'm Cathy Rankin and for Monday June 11th we're bringing you the latest news from around the markets as well as the top movers to look out for today... (HEADLINE NEWS) In Headline News Today... After three consecutive sessions of broad-based selling, stocks bounced back in impressive fashion Friday as investors rallied around the resurgence of several catalysts that have contributed to this year's rally Everything from lower bond yields and takeover talk to plunging oil prices and some late-day short covering activity armed the bulls with enough momentum to lift all three major averages more than 1.0% on the day. With the spike higher in interest rates this week feeding concerns that the record pace of deal making might slow, a report hitting the wires around 1:00 ET that ThyssenKrupp might be interested in buying U.S. Steel (X 124.92 +9.12) was the main driver behind the market's strong recovery The news earmarked Steel (+4.2%) as the day's best performing S&P industry group and helped Materials (+1.8%) pace the way among all 10 sectors closing higher. And now for our Small Cap News... brought to you by ALL Fuels & Energy Company (AFSE.OB) ALL Fuels & Energy Company (AFSE.OB) recently acquired ALL Energy Company, a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products Hidalgo Mining International (HMIT.PK) shares were boosted again last week with the announcement that its board of directors has submitted a counter offer to Consolidated Mining & Mineral (CMM) for the sale of its corporate assets. Negotiations between both organizations are presently open and will remain in such a state as the counteroffer is currently under review. The stock saw some nice momentum last week on the news that it has received a formal offer from Consolidated Mining and Mineral (CMM), to purchase all the outstanding and issued stock of (HMIT.PK) for a consolidated purchase price of $2.15 per share. Latitude Industries Inc. (LTDN.PK) announced that it will be exhibiting it Offshore Sport Fisherman and Center Console boats at The South Florida Boat Show in Miami Beach, Florida, June 8-11, 2007. Latitude Industries, Inc. recently teamed with application engineers from Bombardier, to generate an increase of 5 mph to its 28SS custom powerboat achieving 68 mph on a 28' boat powered by only twin 225hp. And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by QualityStocks.Net, where performance is tracked daily. Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you next week, right here on the daily report.