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Economy

Economic Data (USA)

Friday, December 28, 2007

All 3 Majors Declined On The Week

All 3 majors lost value on a week capped by a discouraging report on new home sales. Gold and crude oil prices surged, while the dollar lost ground against the euro.

1,036,029,950 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 84.78 points (-0.63%), the NASDAQ Composite Index lost 17.53 points (-0.651%), and the S and P 500 Index fell by 5.97 points (-0.402%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 13,365.87 (+6.26)

NASDAQ: Closed @ 2,674.46 (-2.33)

S and P 500: Closed @ 1,478.49 (+2.12)

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NYMEX Crude Oil Future closed @ $96.00/barrel

NY Spot Gold closed @ $838.80/ounce

In New York, The U.S. Dollar buys 0.6792 Euros

In New York, The Euro buys 1.4724 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 4.096%

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