All 3 Majors Advanced On The Week
All 3 major indices advanced on the day and the week as investors traded with the knowledge that the Fed will likely cut short-term interest rates next week. The dollar continued to decline against the euro and other major currencies, while crude oil and gold continued upward.
1,405,828,680 shares were traded @ The New York Stock Exchange® today.
For the week, the DJIA added 284.68 points (+2.105%), the NASDAQ Composite Index added 79.03 points (+2.9%), and the S and P 500 Index gained 34.65 points (+2.309%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 13,806.70 (+134.78)
NASDAQ: Closed @ 2,804.19 (+53.33)
S and P 500: Closed @ 1,535.28 (+20.88)
----------------------------------------------------------
WTI Crude Oil Future closed @ $91.86/barrel
NY Spot Gold closed @ $783.50/ounce
In New York, The U.S. Dollar buys 0.6948 Euros
In New York, The Euro buys 1.4394 U.S. Dollars
The Federal Funds Target Rate is 4.75%
Ten-Year Treasury Note Yield is currently @ 4.389%
1,405,828,680 shares were traded @ The New York Stock Exchange® today.
For the week, the DJIA added 284.68 points (+2.105%), the NASDAQ Composite Index added 79.03 points (+2.9%), and the S and P 500 Index gained 34.65 points (+2.309%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 13,806.70 (+134.78)
NASDAQ: Closed @ 2,804.19 (+53.33)
S and P 500: Closed @ 1,535.28 (+20.88)
----------------------------------------------------------
WTI Crude Oil Future closed @ $91.86/barrel
NY Spot Gold closed @ $783.50/ounce
In New York, The U.S. Dollar buys 0.6948 Euros
In New York, The Euro buys 1.4394 U.S. Dollars
The Federal Funds Target Rate is 4.75%
Ten-Year Treasury Note Yield is currently @ 4.389%
Labels: djia, nasdaq, s_and_p_500, stock_market, stocks, weekly_numbers
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posted by Steve Brown | 10/26/2007 11:40:00 PM
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