Tuesday, March 07, 2006

Markets Sag on Interest Rate Concerns

The markets extended their losses on concerns of rising interest rates. The Dow clung to a 2-point gain at 10,961 while Nasdaq tumbled 13 points to 2,272. S&P 500 gave up 3 points to 1,274. The 30-year bond continued to fall as the yield rose to 4.728%.

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