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Economy

Economic Data (USA)

Friday, June 01, 2007

All 3 Majors Advanced On The Week; New Closing Record for Both The S&P 500 and DJIA

All 3 major indices finished the week higher, with a new record-high close for both the Dow Jones Industrial Average (DJIA) and the S and P 500 Index. Investors reacted bullishly to encouraging reports on U.S. manufacturing and employment. The price on a barrel of crude oil for future delivery receded from last Friday's closing value, ending the week just above the $65 mark.

1,484,310,050 shares were traded @ The New York Stock ExchangeĀ® today.

For the week, the DJIA added 160.83 points (+1.191%), the NASDAQ Composite Index added 56.73 points (+2.218%), and the S and P 500 Index gained 20.61 points (+1.36%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,668.11 (+40.47)

NASDAQ: Closed @ 2,613.92 (+9.40)

S and P 500: Closed @ 1,536.34 (+5.72)

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NYMEX WTI Crude Oil Future is currently @ $65.08/barrel

NY Spot Gold closed @ $668.90/ounce

In New York, The U.S. Dollar buys 0.7435 Euros

In New York, The Euro buys 1.3449 U.S. Dollars

The Federal Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.956%

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