Culture

Markets Rise

Good interest-rate news, in the form of lower rates on long-term bonds, drove financial markets to strong gains. The Dow rose 130 early and held an 80-point rise, to 7965, in mid-afternoon trading; the Nasdaq was up about 8 to 1675.

Good interest-rate news, in the form of lower rates on long-term bonds, drove financial markets to strong gains. The Dow rose 130 early and held an 80-point rise, to 7965, in mid-afternoon trading; the Nasdaq was up about 8 to 1675.