Monday, June 05, 2006

Markets Lower As Service Sector Activity Slows

The markets traded lower during the midday as service sector activity slowed. The Dow tumbled 83 points to 11,165 while Nasdaq lost 16 points to 2,204. S&P 500 slipped 7 points to 1,281. The 30-year bond eased as the yield rose to 5.100%.

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