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Economy

Economic Data (USA)

Friday, April 13, 2007

All 3 Majors Advanced On The Week

All 3 major indices advanced for the week despite a decreased likelihood that the Fed will lower short-term interest rates later this year. Crude oil prices eased, the dollar weakened against the euro and New York Spot Gold got more expensive. 1,416,371,880 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 51.93 points (+0.413%), the NASDAQ Composite Index gained 20.60 points (+0.834%), and the S+P 500 Index gained 9.09 points (+0.63%).

Summary of The U.S. Markets:

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DJIA: Closed @ 12,612.13 (+59.17)

NASDAQ: Closed @ 2,491.94 (+11.62)

S&P 500: Closed @ 1,452.85 (+5.05)

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NYMEX Crude Oil Future is currently @ $63.63/barrel

NY Spot Gold closed @ $684.80/ounce

In New York, The U.S. Dollar buys 0.7391 Euros

In New York, The Euro buys 1.353 U.S. Dollars

The Fed Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.761%

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