Thursday, February 15, 2007

Markets Close Up On Fed Comments

Investors confident that the Federal Reserve will hold interest rates steady lifted the markets to a higher close with the Dow setting another record. The blue chip index added 23 points to 12,765 while Nasdaq rose 9 points to 2497. S&P 500 gained 2 points to 1457. The 30-year bond edged up as the yield eased to 4.804%.

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