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Economy

Economic Data (USA)

Friday, October 05, 2007

All 3 Majors Advanced On A Positive Jobs Report

All 3 major indexes advanced on the week: investors reacted bullishly to this morning's jobs report, as the encouraging numbers could mean that the U.S. economy isn't headed for a recession. The price on a barrel of crude oil for future delivery eased, but remained above the $81 mark.

1,258,787,720 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 170.38 points (+1.226%), the NASDAQ Composite Index added 78.82 points (+2.918%), and the S and P 500 Index gained 30.84 points (+2.02%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 14,066.01 (+91.70)

NASDAQ: Closed @ 2,780.32 (+46.75)

S and P 500: Closed @ 1,557.59 (+14.75)

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NYMEX Crude Oil Future closed @ $81.22/barrel

NY Spot Gold closed @ $741.30/ounce

In New York, The U.S. Dollar buys 0.7075 Euros

In New York, The Euro buys 1.4134 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.64%

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