Monday, June 25, 2007

Markets Surge As Home Sales Slip

The markets surged in the midday after a report that existing home sales eased in May. The Dow soared 95 points to 13,455 while Nasdaq climbed 11 points to 2600. S&P 500 rose 9 points to 1512. The 30-year bond edged up as the yield slipped to 5.223%.

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