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Economy

Economic Data (USA)

Friday, June 29, 2007

All 3 Majors Advanced This Week Despite Jitters Related to The Ailing Subprime Mortgage Market and $70 Crude Oil

All 3 major indexes added points this week despite nervousness related to the nation's subprime mortgage industry and crude oil for future delivery finishing the week above the $70 mark. The dollar weakened against the euro and the yield on the ten-year treasury note eased to 5.033%.

1,666,914,770 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 48.36 points (+0.362%), the NASDAQ Composite Index gained 14.27 points (+0.551%), and the S and P 500 Index added 0.79 point (+0.053%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,408.62 (-13.66)

NASDAQ: Closed @ 2,603.23 (-5.14)

S and P 500: Closed @ 1,503.35 (-2.36)

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NYMEX WTI Crude Oil Future is currently @ $70.68/barrel

NY Spot Gold closed @ $647.50/ounce

In New York, The U.S. Dollar buys 0.7384 Euros

In New York, The Euro buys 1.3542 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 5.033%

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