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Economy

Economic Data (USA)

Friday, April 18, 2008

All 3 Majors Gained Over 4 Percent On The Week

Each of the 3 major indexes gained more than 4% on the week despite crude oil for future delivery closing at more than $116 per barrel today.

For the week, the DJIA added 523.94 points (+4.251%), the NASDAQ Composite Index gained 112.73 (+4.922%), and the S&P 500 Index rose by 57.50 points (+4.314%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,849.36 (+228.87)

NASDAQ: Closed @ 2,402.97 (+61.14)

S&P 500: Closed @ 1,390.33 (+24.77)

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NYMEX Crude Oil Future closed @ $116.69/barrel

NY Spot Gold closed @ $916.20/ounce

In New York, The U.S. Dollar buys 0.6327 Euros

In New York, The Euro buys 1.5806 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.743%

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