Tuesday, April 11, 2006

Markets Close Lower As Oil Prices Gain

Crude oil prices inched up to settle at $68.98 a barrel sending the markets down to a lower close with the Dow losing 52 points to 11,090. Nasdaq plunged 23 points to 2,310 while S&P 500 dropped 10 points to 1,287. The 30-year bond rose with the yield slipping to 5.003%.

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