Friday, April 07, 2006

Markets Fall Over Inflation Fears

Investors fearful of inflation sent the markets tumbling to a lower close with the Dow plunging 96 points to 11,120. Nasdaq plummeted 22 points to 2,339 while S&P 500 dropped 14 points to 1,296. The 30-year bond fell as the yield surged to 5.038%.

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