Inflation and Interest Rates Message Board

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Strategies & Market Trends : Inflation and Interest Rates

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To: David who wrote (6)	5/25/1999 11:35:00 PM
From: Amy J	of 35

FYI: News about interest rate concerns. 05/25/99- Net shares drag Wall St. down NEW YORK - Stocks ended sharply lower Tuesday, wiping out early gains, after continued concerns about interest rates and Internet stocks outweighed a sign of continued optimism about the U.S. economy. The Dow Jones industrial average closed down 123.58 at 10,531.09. The Nasdaq composite index fell 72.76 to 2380.90, and the S&P 500 index was off 22.25 at 1284.40. The NYSE composite index dropped 8.71 to 617.34, and the Amex composite index slipped 6.57 to 778.84. The yield on the 30-year Treasury bond was 5.75%, down from 5.76% Monday.

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