Thursday, August 24, 2006

Markets Close Higher

The markets closed barely above the flat line as the sluggish economy fueled speculation that interest rate hikes have come to an end. The Dow added 7 points to 11,304 while Nasdaq edged up 2 points to 2137. S&P 500 rose 3 points to 1296. The 30-year bond rose as the yield eased to 4.939%.

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