Subprime Woes Weigh Down Markets

Subprime woes continued to weigh on investors sending the markets lower during the midday with the Dow plunging 96 points to 11,980. Nasdaq dropped 8 points to 2342 while S&P 500 fell 3 points to 1375. The 30-year bond inched up as the yield eased to 4.650%.