Wednesday, August 22, 2007

Hopeful Investors Lift Markets Higher

Investors hopeful that liquidity problems are easing lifted the markets higher during the midday with the Dow climbing 89 points to 13,180. Nasdaq gained 18 points to 2540 while S&P 500 rose 9 points to 1456. The 30-year bond eased as the yield edged up to 4.955%.

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