.comment-link {margin-left:.6em;}


Economic Data (USA)

Friday, December 21, 2007

All 3 Majors Advanced On The Day and The Week

All 3 majors advanced on both the day and the week, as investors responded bullishly to news that the Federal Reserve will continue pumping money into financial markets via its Term Auction Facility (TAF). Investors were further encouraged by news of robust consumer spending during November.

2,339,851,160 shares were traded @ The New York Stock Exchange® today (quadruple witching.)

For the week, the DJIA gained 110.80 points (+0.831%), the NASDAQ Composite Index added 56.25 points (+2.134%), and the S and P 500 Index added 16.51 points (+1.125%).

Summary of The U.S. Markets for Today:


DJIA: Closed @ 13,450.65 (+205.01)

NASDAQ: Closed @ 2,691.99 (+51.13)

S and P 500: Closed @ 1,484.46 (+24.34)


WTI Crude Oil Future closed @ $93.31/barrel

NY Spot Gold closed @ $811.70/ounce

In New York, The U.S. Dollar buys 0.6954 Euros

In New York, The Euro buys 1.438 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 4.168%

Labels: , , , , ,

--> www.FedPrimeRate.com Privacy Policy <--




Entire Website © 2024 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.