Tuesday, July 11, 2006

Indian Bomb Blasts Weigh Down Markets

Seven bombs exploded during evening rush hour in Bombay sending the markets tumbling at midday with the Dow falling 53 points to 11,051. Nasdaq tumbled 20 points to 2,097 while S&P 500 lost 6 points to 1,261. The 30-year bond rose as the yield slipped to 5.141%.

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