Monday, January 29, 2007

Markets Flat Ahead Of Fed Meeting

The markets closed near the flatline despite retreating oil prices as investors focused on the Federal Reserve meeting tomorrow. The Dow added 4 points to 12,491 while Nasdaq rose 6 points to 2441. S&P 500 lost 2 points to 1421. The 30-year bond eased as the yield inched up to 4.982%.

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