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Economy

Economic Data (USA)

Friday, November 24, 2006

All 3 Majors Retreated On The Day, The NASDAQ The Only Gainer This Week

All 3 major indices retreated today, as the dollar hit a 19-month low against the euro. The NASDAQ Composite was the only major index to gain this week. 519,890,770 shares were traded @ The New York Stock Exchange® today.


For the week, the Dow Jones Industrial Average (DJIA) lost 62.39 points (-0.508%), the NASDAQ Composite Index gained 14.40 points (+0.589%), and the S&P 500 Index lost 0.25 points (-0.018%).


Summary of The U.S. Markets:

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DJIA: Closed @ 12,280.17 (-46.78)

NASDAQ: Closed @ 2,460.26 (-5.72)

S and P 500: Closed @ 1,400.95 (-5.14)

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NYMEX Crude Oil Future closed @ $59.24/barrel

NY Spot Gold closed @ $629.40/ounce

In New York, The U.S. Dollar buys 0.7637 Euros

In New York, The Euro buys 1.3094 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.548%


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