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Economy

Economic Data (USA)

Friday, February 02, 2007

All 3 Majors Gained for The Week Despite Higher Crude Oil Prices

All 3 major indexes advanced this week despite the price on crude oil for future delivery rising by $3.60. On the day, both the NASDAQ Composite and S and P 500 gained, but the Dow Jones Industrial Average (DJIA) retreated. 1,432,817,950 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 166.47 points (+1.333%), the NASDAQ Composite Index gained 40.39 points (+1.658%), and the S and P 500 Index gained 26.21 points (+1.843%).

Summary of The U.S. Markets:

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DJIA: Closed @ 12,653.49 (-20.19)

NASDAQ: Closed @ 2,475.88 (+7.50)

S and P 500: Closed @ 1,448.39 (+2.45)

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WTI Crude Oil Future closed @ $59.02/barrel

NY Spot Gold closed @ $645.70/ounce

In New York, The U.S. Dollar buys 0.7715 Euros

In New York, The Euro buys 1.2961 U.S. Dollars

The Federal Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.827%

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