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Economy

Economic Data (USA)

Friday, February 15, 2008

All 3 Majors Advanced On The Week

All 3 major indices advanced on the week thanks in part to a surprisingly healthy retail sales report and news that the nation's trade deficit improved at the end of last year. Crude oil prices edged higher, while NY Spot Gold got cheaper.

For the week, the DJIA added 166.08 points (+1.363%), the NASDAQ Composite Index gained 16.95 points (+0.735%), and the S and P 500 Index added 18.70 points (+1.405%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,348.21 (-28.77)

NASDAQ: Closed @ 2,321.80 (-10.74)

S and P 500: Closed @ 1,349.99 (+1.13)

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WTI Crude Oil Future closed @ $95.50/barrel

NY Spot Gold closed @ $901.70/ounce

In New York, The U.S. Dollar buys 0.681 Euros

In New York, The Euro buys 1.4684 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.78%

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