Friday, July 14, 2006

Markets Open Lower Over Middle East Violence

The markets opened lower over concerns that escalating violence in the Middle East will disrupt oil supplies. The Dow dropped 43 points to 10,803 while Nasdaq slipped 4 points to 2,050. S&P 500 lost 2 points to 1,241. The 30-year bond eased as the yield inched up to 5.123%.

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