.comment-link {margin-left:.6em;}


Economic Data (USA)

Friday, January 05, 2007

All 3 Majors Retreated On The Day; The NASDAQ Was The Only Gainer for The Week

All 3 major indices declined today as investors responded bearishly to the December jobs report released this morning: the favorable U.S. employment situation means that the Fed is now less likely to lower short-term interest rates before the summer of 2007. The NASDAQ Composite Index was the only major to advance for the week. 1,717,398,960 shares were traded @ The New York Stock Exchange® today.

For the week, the Dow Jones Industrial Average (DJIA) fell by 65.14 points (-0.525%), the NASDAQ Composite Index added 18.96 points (+0.785%), and the S and P 500 Index lost 8.59 points (-0.609%).

Summary of The U.S. Markets:


DJIA: Closed @ 12,398.01 (-82.68)

NASDAQ: Closed @ 2,434.25 (-19.18)

S + P 500: Closed @ 1,409.71 (-8.63)


WTI Crude Oil Future closed @ $56.31/barrel

NY Spot Gold closed @ $605.10/ounce

In New York, The U.S. Dollar buys 0.7691 Euros

In New York, The Euro buys 1.3003 U.S. Dollars

The Fed Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.646%

--> www.FedPrimeRate.com Privacy Policy <--




Entire Website © 2024 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.