Friday, February 16, 2007

Markets Flat As Oil Rises

The markets closed near the flatline as oil prices surged and new home construction plunged. The Dow added 3 points to 12,768 while Nasdaq lost a point to 2496. S&P 500 slipped a point to 1456. The 30-year bond edged up as the yield eased to 4.788%.

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