Friday, July 20, 2007

Disappointing Earning Send Markets Tumbling

Disappointing earnings from Google and Caterpillar sent the markets plunging during the midday with the Dow plummeting 181 points to 13,820. Nasdaq skidded 45 points to 2675 while S&P 500 tumbled 21 points to 1532. The 30-year bond rose as the yield slipped to 5.056%.

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