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Economy

Economic Data (USA)

Friday, July 20, 2007

Dow + S&P 500 Closed with Record Highs on Thursday, but All 3 Majors Closed Lower On The Week

The Dow Jones Industrial Average (DJIA) and the S&P 500 both set record-high closing values this week, but all 3 major indexes declined for the five-day period. The DJIA closed above the 14,000 mark for the first time on Thursday. Crude oil for future delivery ended the week at $75.79 per barrel. The yield on the ten-year treasury note fell to 4.956% while the dollar continued to lose ground against the euro.

1,995,447,040 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 56.17 points, the NASDAQ Composite Index lost 19.40 points, and the S and P 500 Index lost 18.40 points.

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,851.08 (-149.33)

NASDAQ: Closed @ 2,687.60 (-32.44)

S and P 500: Closed @ 1,534.10 (-18.98)

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NYMEX WTI Crude Oil for Future Delivery is currently @ $75.79/barrel

NY Spot Gold closed @ $683.50/ounce

In New York, The U.S. Dollar buys 0.7229 Euros

In New York, The Euro buys 1.3834 U.S. Dollars

The Federal Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.956%

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