Friday, May 18, 2007

Upbeat Consumer Sentiment Report Lifts Markets Higher

A better than expected consumer sentiment lifted the markets higher during the midday with the Dow climbing 58 points to 13,535. Nasdaq gained 8 points to 2548 while S&P 500 rose 7 points to 1520. The 30-year bond eased as the yield rose to 4.931%.

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