Friday, May 12, 2006

Markets Lower As Consumer Sentiment Drops

A drop in consumer sentiment weighed down the markets during the midday with the Dow dropping 50 points to 11,451 while Nasdaq fell 20 points to 2,253. S&P 500 lost 8 points to 1,298. The 30-year bond slipped as the yield rose to 5.297%.

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