Thursday, May 03, 2007

Strong Service Sector Activity Lifts Markets To Higher Close

Strong service sector activity lifted the markets to a higher close with the Dow climbing 30 points to 13,241. Nasdaq gained 8 points to 2565 while S&P 500 rose 6 to 1502 making today the first close over 1500 for the index since September 2000. The 30-year bond eased as the yield inched up to 4.837%.

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