Thursday, May 10, 2007

Markets Plunge Over Disappointing Retail Sales

Disappointing retail sales weighed down the markets to a lower close with the Dow plunging 148 points to 13,215. Nasdaq plummeted 43 points to 2534 while S&P 500 tumbled 21 points to 1491. The 30-year bond rose as the yield eased to 4.829%.

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