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Economy

Economic Data (USA)

Friday, April 11, 2008

All 3 Majors Lost Over 2 Percent On The Week

Each of the 3 major indexes lost more than 2% on the week. Crude oil for future delivery closed above the $110 per barrel mark.

For the week, the DJIA lost 284.00 points (-2.252%), the NASDAQ Composite Index lost 80.74 (-3.405%), and the S&P 500 Index lost 37.57 points (-2.742%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,325.42 (-256.56)

NASDAQ: Closed @ 2,290.24 (-61.46)

S&P 500: Closed @ 1,332.83 (-27.72)

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NYMEX Crude Oil Future closed @ $110.14/barrel

NY Spot Gold closed @ $924.90/ounce

In New York, The U.S. Dollar buys 0.6325 Euros

In New York, The Euro buys 1.581 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.471%

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