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Economic Data (USA)

Wednesday, February 28, 2007

Bernanke Testimony Helped All 3 Majors to Advance Today

All 3 major stock market indexes advanced today: investors were encouraged by testimony made by Fed chief Ben Bernanke before the U.S. House Committee on the Budget. 2,260,468,140 shares were traded @ The New York Stock Exchange®.

Summary of The U.S. Markets:


DJIA: Closed @ 12,268.63 (+52.39)

NASDAQ: Closed @ 2,416.15 (+8.29)

S and P 500: Closed @ 1,406.82 (+7.78)


NYMEX Crude Oil Future closed @ $61.48/barrel

NY Spot Gold closed @ $669.80/ounce

In New York, The U.S. Dollar buys 0.7563 Euros

In New York, The Euro buys 1.3222 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.55%

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