Thursday, February 22, 2007

Markets Fall Over Oil

The markets turned negative during the midday as a drop in gas and heating oil inventory lifted oil prices. The Dow tumbled 59 points to 12,680 while Nasdaq slipped 4 points to 2515. S&P 500 lost 4 points to 1454. The 30-year bond eased as the yield inched up to 4.827%.

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