Friday, March 16, 2007

Spike In Consumer Prices Sends Markets To Lower Close

Consumer prices spiked in February sending the markets to a lower close with the Dow tumbling 49 points to 12,110. Nasdaq fell 6 points to 2373 while S&P 500 lost 5 points to 1387. The 30-year bond eased as the yield inched up to 4.695%.

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