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Economy

Economic Data (USA)

Friday, February 22, 2008

DJIA and The S&P 500 Advanced On The Week

The Dow Jones Industrial Average (DJIA) and the S and P 500 Index both advanced on the 4-day trading week, while the NASDAQ Composite declined. Key commodities advanced: NY Spot Gold closed at $944.60 per ounce while crude oil for future delivery, which surpassed the $100 per barrel threshold this week, closed at $98.81 today.

For the week, the DJIA added 32.81 points (+0.266%), the NASDAQ Composite Index lost 18.45 points (-0.795%), and the S and P 500 Index added 3.12 points (+0.231%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,381.02 (+96.72)

NASDAQ: Closed @ 2,303.35 (+3.57)

S and P 500: Closed @ 1,353.11 (+10.58)

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NYMEX WTI Crude Oil Future closed @ $98.81/barrel

NY Spot Gold closed @ $944.60/ounce

In New York, The U.S. Dollar buys 0.6744 Euros

In New York, The Euro buys 1.4828 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.79%

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