Tuesday, February 28, 2006

Markets Jolted by Consumer Pessimism and Google

The markets dropped sharply on fading optimism about the overall economy and negative remarks by Google's CFO. The Dow lost 93 points to 11,004. Nasdaq fell 23 points or more than 1% to 2283. S&P 500 dropped 12 points to 1281. The 30-year bond rose with the yield slipping to 4.523%.

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