Thursday, August 17, 2006

Markets Close Up As Oil Goes Down

The markets closed modestly higher as crude oil prices tumbled to settle at $70.06. The Dow added 8 points to 11,335 while Nasdaq gained 8 points to 2158. S&P 500 added 2 points to 1297. The 30-year bond rose as the yield eased to 4.999%.

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