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Economy

Economic Data (USA)

Friday, April 04, 2008

All 3 Majors Advanced by More Than 3 Percent On The Week

Each of the 3 major indexes gained more than 3% on the week despite news that nonfarm payrolls declined by 80,000 last month and the unemployment rate rose to 5.1%.

For the week, the DJIA added 393.02 points (+3.217%), the NASDAQ Composite Index gained 109.80 (+4.856%), and the S&P 500 Index gained 55.18 points (+4.195%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,609.42 (-16.61)

NASDAQ: Closed @ 2,370.98 (+7.68)

S&P 500: Closed @ 1,370.40 (+1.09)

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NYMEX Crude Oil Future closed @ $106.23/barrel

NY Spot Gold closed @ $913.70/ounce

In New York, The U.S. Dollar buys 0.6354 Euros

In New York, The Euro buys 1.5738 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.481%

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