Thursday, May 17, 2007

Markets Lower As Economic Growth Gauge Falls

The markets traded lower during the midday after a gauge of future economic growth fell more than expected. The Dow slipped 3 points to 13,485 while Nasdaq fell 5 points to 2542. S&P 500 eased a point to 1514. The 30-year bond edged down as the yield rose to 4.903%.

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