Monday, January 08, 2007

Markets Lower Even As Oil Slips

The markets recovered early morning losses but continued to trade in negative territory during the midday as oil prices slipped. The Dow lost 20 points to 12,378 while Nasdaq edged down a point to 2433. S&P 500 slipped 2 points to 1408. The 30-year bond eased as the yield inched up to 4.750%.

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