Monday, June 18, 2007

Markets Close Lower As Oil Rises

The markets closed lower as oil prices rose and concerns about inflation lingered. The Dow finished the session at 13,612, down 26 points. Meanwhile, Nasdaq eased a fraction to 2626. S&P 500 slipped 2 points to 1531. The 30-year bond rose as the yield edged down to 5.252%.

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