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Economy

Economic Data (USA)

Friday, September 07, 2007

All 3 Majors Declined On The Week

All 3 major indices shed points this week thanks in no small part to a weak August jobs report. Many on Wall Street shifted their money to the safety of U.S. treasuries: the yield on the 10-year treasury note fell to 4.368%. The price on NY Spot gold surged passed the $700 mark. Crude oil for future delivery closed at $76.70 per barrel.

1,461,574,720 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 244.36 points, the NASDAQ Composite Index fell by 30.66 points, and the S and P 500 Index lost 20.44 points.

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,113.38 (-249.97)

NASDAQ: Closed @ 2,565.70 (-48.62)

S and P 500: Closed @ 1,453.55 (-25.00)

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NYMEX Crude Oil Future closed @ $76.70/barrel

NY Spot Gold closed @ $700.10/ounce

In New York, The U.S. Dollar buys 0.7263 Euros

In New York, The Euro buys 1.3768 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.368%

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