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Economy

Economic Data (USA)

Friday, December 07, 2007

All 3 Majors Advanced On The Week

All 3 major indexes advanced on the week; a rate cut by the Fed is fully expected for December 11.

1,205,121,990 shares were traded @ The New York Stock ExchangeĀ® today.

For the week, the DJIA added 253.86 points (+1.898%), the NASDAQ Composite Index added 45.20 points (+1.699%), and the S and P 500 Index gained 23.52 points (+1.588%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,625.58 (+5.69)

NASDAQ: Closed @ 2,706.16 (-2.87)

S and P 500: Closed @ 1,504.66 (-2.68)

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NYMEX Crude Oil Future closed @ $88.28/barrel

NY Spot Gold closed @ $794.40/ounce

In New York, The U.S. Dollar buys 0.6822 Euros

In New York, The Euro buys 1.4658 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 4.12%

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