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Economy

Economic Data (USA)

Friday, June 13, 2008

Only the DJIA Advanced On The Week

All 3 major indexes advanced on the day, but only the Dow Jones Industrial Average (DJIA) gained ground on the week. Crude oil prices eased as the dollar got stronger.

For the week, the DJIA added 97.54 points (+0.799%), the NASDAQ Composite Index lost 20.06 points (-0.811%), and the S&P 500 Index fell by 0.65 point (-0.048%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 12,307.35 (+165.77)

NASDAQ: Closed @ 2,454.50 (+50.15)

S&P 500: Closed @ 1,360.03 (+20.16)

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NYMEX Crude Oil Future closed @ $134.86/barrel

NY Spot Gold closed @ $870.80/ounce

In New York, The U.S. Dollar buys 0.6502 Euros

In New York, The Euro buys 1.5381 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.261%

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