Tuesday, September 12, 2006

Falling Oil Prices Lift Markets Higher At Midday

The markets continued to advance during the midday as oil eased to the $65 a barrel mark while the trade deficit soared to a record $68 billion in July. The Dow climbed 61 points to 11,457 while Nasdaq gained 20 points to 2193. S&P 500 rose 7 points to 1307. The 30-year bond eased as the yield inched up to 4.952%.

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