Friday, October 20, 2006

Markets Lower Over Oil Concerns

Concerns that OPEC will curtail oil production weighed down the markets during the midday. The Dow lost 18 points to 11,993 while Nasdaq eased a point to 2340. S&P 500 edged down a point to 1366. The 30-year bond rose as the yield slipped to 4.900%.

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