Tuesday, May 01, 2007

Markets Mixed Over Disappointing Home Sales

The markets traded mixed during the midday as disappointing home sales tempered news of a surprising gain in manufacturing activity. The Dow gained 43 points to 13,106 while Nasdaq slipped 2 points to 2523. S&P 500 held steady at 1483. The 30-year bond eased as the yield rose to 4.838%.

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