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Economy

Economic Data (USA)

Friday, May 30, 2008

All 3 Majors Advanced On The 4-Day Trading Week

All 3 major indices advanced on the 4-day trading week as the price on crude oil for future delivery eased to $127.35 per barrel in New York.

For the week, the DJIA gained 158.69 points (+1.272%), the NASDAQ Composite Index added 77.99 (+3.19%), and the S&P 500 Index advanced by 24.45 points (+1.777%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,638.32 (-7.90)

NASDAQ: Closed @ 2,522.66 (+14.34)

S&P 500: Closed @ 1,400.38 (+2.12)

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NYMEX Crude Oil Future closed @ $127.35/barrel

NY Spot Gold closed @ $886.10/ounce

In New York, The U.S. Dollar buys 0.6436 Euros

In New York, The Euro buys 1.5536 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.046%

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