Thursday, December 07, 2006

Markets Close Lower As Oil Rises

The markets closed lower as oil prices rose and investors awaited the November job creations report. The Dow dropped 31 points to 12,278 while Nasdaq tumbled 18 points to 2428. S&P 500 lost 6 points to 1407. The 30-year bond eased as the yield inched up to 4.602%.

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