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Economy

Economic Data (USA)

Friday, March 28, 2008

All 3 Majors Advanced On The Week

News that consumer spending increased by a tepid 0.1% last month contributed to declines for each of the 3 major indexes today. On the week, both the Dow Jones Industrial Average (DJIA) and the S and P 500 Index declined, while the NASDAQ Composite advanced.

For the week, the DJIA lost 144.92 points (-1.172%), the NASDAQ Composite Index gained 3.07 (+0.136%), and the S and P 500 Index lost 14.29 points (-1.075%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,216.40 (-86.06)

NASDAQ: Closed @ 2,261.18 (-19.65)

S and P 500: Closed @ 1,315.22 (-10.54)

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NYMEX WTI Crude Oil Future closed @ $105.62/barrel

NY Spot Gold closed @ $930.90/ounce

In New York, The U.S. Dollar buys 0.6331 Euros

In New York, The Euro buys 1.5796 U.S. Dollars

The Federal Funds Target Rate is 2.25%

Ten-Year Treasury Note Yield is currently @ 3.466%

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