Tuesday, May 22, 2007

Markets Negative Despite Mergers & Acquisitions

The markets slipped into negative territory during the midday even with the announcement of more mergers and acquisitions deals. The Dow fell 6 points to 13,537 while Nasdaq slipped 2 points to 2577. S&P 500 lost 3 points to 1522. The 30-year bond eased as the yield rose to 4.945%.

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