Wednesday, November 15, 2006

Markets Close Higher As Economy Lands Softly

Investors relieved that the Federal Reserve sees the economy coming to a soft landing lifted the markets to a higher close with the Dow climbing 34 points to set another record close of 12,252. Nasdaq gained 12 points to 2443 while S&P 500 added 3 points to 1397. The 30-year bond eased as the yield rose to 4.695%.

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