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Economy

Economic Data (USA)

Friday, August 24, 2007

Each of The 3 Majors Gained Over 2% This Week

Each of the 3 major indices gained more than 2% this week, as credit market concerns eased. The Dow Jones Industrial Average (DJIA) added 143 points today on positive reports related to housing and manufacturing. Crude oil for future delivery closed at $71.09 per barrel.

1,188,284,910 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 299.79 points (+2.292%), the NASDAQ Composite Index added 71.66 points (+2.861%), and the S and P 500 Index added 33.43 points (+2.312%)

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,378.87 (+142.99)

NASDAQ: Closed @ 2,576.69 (+34.99)

S and P 500: Closed @ 1,479.37 (+16.87)

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NYMEX Crude Oil Future closed @ $71.09/barrel

NY Spot Gold closed @ $667.40/ounce

In New York, The U.S. Dollar buys 0.7312 Euros

In New York, The Euro buys 1.3676 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.633%

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