Monday, September 17, 2007

Markets Close Lower Ahead Of Rate Decision

The markets closed lower as investors await the Federal Reserve's rate decision tomorrow. The Dow dropped 39 points to 13,403 while Nasdaq tumbled 21 points to 2582. S&P 500 fell 7 ponts to 1477. The 30-year bond rose as the yield slipped to 4.714%.

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