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Economy

Economic Data (USA)

Friday, March 23, 2007

All 3 Majors Gained Over 3% for The Week

All 3 major indices gained over 3% for the week, despite a jump in crude oil prices, as investors reacted bullishly to the Fed's decision to keep the Fed Funds Target Rate at 5.25%, and to an encouraging report on existing home sales. 1,401,188,540 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 370.60 points (+3.06%), the NASDAQ Composite Index added 76.27 points (+3.215%), and the S and P 500 Index gained 49.16 points (+3.544%).

Summary of The U.S. Markets:

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DJIA: Closed @ 12,481.01 (+19.87)

NASDAQ: Closed @ 2,448.93 (-2.81)

S and P 500: Closed @ 1,436.11 (+1.57)

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WTI Crude Oil Future is currently @ $62.28/barrel

NY Spot Gold closed @ $655.40/ounce

In New York, The U.S. Dollar buys 0.7529 Euros

In New York, The Euro buys 1.3282 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.613%

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