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Economy

Economic Data (USA)

Friday, June 20, 2008

All 3 Majors Declined On The Day and The Week

All 3 major indexes lost ground on both the day and the week as crude oil continued to trade above the $130 per barrel mark. The Dow Jones Industrial Average (DJIA) closed below the 12,000 mark earlier today.

For the week, the DJIA lost 464.66 points (-3.775%), the NASDAQ Composite Index lost 48.41 points (-1.972%), and the S&P 500 Index fell by 42.10 points (-3.096%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 11,842.69 (-220.40)

NASDAQ: Closed @ 2,406.09 (-55.97)

S&P 500: Closed @ 1,317.93 (-24.90)

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NYMEX Crude Oil Future closed @ $135.36/barrel

NY Spot Gold closed @ $901.30/ounce

In New York, The U.S. Dollar buys 0.6408 Euros

In New York, The Euro buys 1.5606 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.137%

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