.comment-link {margin-left:.6em;}


Economic Data (USA)

Friday, August 08, 2008

All 3 Majors Advanced On The Week On Cheaper Crude Oil

All 3 major indexes advanced on the week as crude oil for future delivery dropped $9.90 (7.914%) since last Friday, and the dollar gained considerable strength against the euro. New York Spot Gold got cheaper, closing at $855.50 per ounce. The Fed opted to leave short-term interest rates alone on Tuesday.

For the week, the DJIA added 408.00 points (+3.602%), the NASDAQ Composite Index gained 103.14 points (+4.463%), and the S+P 500 Index gained 36.01 added (+2.857%).

Summary of The U.S. Markets for Today:


DJIA: Closed @ 11,734.32 (+302.89)

NASDAQ: Closed @ 2,414.10 (+58.37)

S&P 500: Closed @ 1,296.32 (+30.25)


NYMEX Crude Oil Future closed @ $115.20/barrel

NY Spot Gold closed @ $855.50/ounce

In New York, The U.S. Dollar buys 0.6664 Euros

In New York, The Euro buys 1.5005 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.95%

Labels: , , , , ,

--> www.FedPrimeRate.com Privacy Policy <--




Entire Website © 2024 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.