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Economy

Economic Data (USA)

Friday, November 02, 2007

Only The NASDAQ Composite Advanced On The Week

Only the NASDAQ Composite Index advanced on the week, despite a Halloween rate cut by the Fed, as investors bailed out of financial stocks that may be headed for subprime-related woes. The dollar continued to decline against the euro, while the cost crude oil and gold continued to rise.

1,718,451,440 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 211.60 points (-1.53%), the NASDAQ Composite Index added 6.19 points (+0.22%), and the S and P 500 Index lost 25.63 points (-1.67%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,595.10 (+27.23)

NASDAQ: Closed @ 2,810.38 (+15.55)

S and P 500: Closed @ 1,509.65 (+1.21)

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NYMEX Crude Oil Future closed @ $95.93/barrel

NY Spot Gold closed @ $806.00/ounce

In New York, The U.S. Dollar buys 0.6894 Euros

In New York, The Euro buys 1.4504 U.S. Dollars

The Federal Funds Target Rate is 4.50%

Ten-Year Treasury Note Yield is currently @ 4.291%

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