Thursday, May 10, 2007

Markets Tumble Over Weak Retail Sales

Weak retail sales sent the markets tumbling during the midday with the Dow plummeting 108 points to 13,255. Nasdaq plunged 27 points to 2550 while S&P 500 dropped 15 points to 1498. The 30-year bond rose as the yield eased to 4.828%.

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