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Economy

Economic Data (USA)

Friday, March 14, 2008

On The Week: DJIA Advanced, S&P 500 Declined and The NASDAQ Composite Moved Sideways

For the week, the Dow Jones Industrial Average (DJIA) advanced, the S&P 500 Index declined while the NASDAQ Composite was unchanged as commodities like crude oil and gold surged. Crude oil for future delivery ended the week at $110.21 per barrel, while New York Spot Gold finished at $1,002.50 per ounce.

For the week, the DJIA gained 57.40 points (+0.483%), the NASDAQ Composite Index was unchanged (+0.00%), and the S&P 500 Index declined by 5.23 points (-0.404%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 11,951.09 (-194.65)

NASDAQ: Closed @ 2,212.49 (-51.12)

S&P 500: Closed @ 1,288.14 (-27.34)

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NYMEX Crude Oil Future closed @ $110.21/barrel

NY Spot Gold closed @ $1,002.50/ounce

In New York, The U.S. Dollar buys 0.638 Euros

In New York, The Euro buys 1.5674 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.421%

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