Tuesday, May 22, 2007

Markets Close Flat Even As Oil Retreats

The markets closed near the flatline even as oil prices retreated as investors awaited the outcome of trade discussions between the U. S. and China. The Dow lost 3 points to 13,540 while Nasdaq added 9 points to 2588. S&P 500 slipped a point to 1524. The 30-year bond eased as the yield rose to 4.983%.

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