Monday, May 22, 2006

Markets Close Lower Over Inflation Worries

Inflation worries weighed down the markets to a modestly lower close with the Dow slipping 19 points to 11,125. Nasdaq dropped 21 points to 2,173 while S&P 500 lost 5 points to 1,262. The 30-year bond rose as the yield eased to 5.131%.

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