Wednesday, January 16, 2008

Inflation up by largest amount in 17 years, industrial production flat

Minneapolis Star Tribune - The Dow Jones industrial average plunged by 277 points on Tuesday and fell even further on Wednesday as Intel reported weak earnings for the fourth quarter. The Dow was down by 26 points in late morning trading. The unchanged industrial output in more here

Reuters - The benchmark 10-year note's price rose 1/32 for a yield of 3.68 percent , versus 3.68 percent late on Tuesday. Bond yields and prices move inversely. The Dow Jones industrial average .DJI was down 0.38 percent at 12,452 points. (Reporting more here