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Economy

Economic Data (USA)

Friday, August 29, 2008

All 3 Majors Lost Ground On The Week On Hurricane Worries

All 3 major indexes lost points on the week as hurricane Gustav approached the Gulf Coast.

For the week, the DJIA lost 84.51 points (-0.727%), the NASDAQ Composite Index lost 47.19 points (-1.954%), and the S&P 500 Index shed 9.37 points (-0.725%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 11,543.55 (-171.63)

NASDAQ: Closed @ 2,367.52 (-44.12)

S&P 500: Closed @ 1,282.83 (-17.85)

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NYMEX Crude Oil Future closed @ $115.46/barrel

NY Spot Gold closed @ $829.90/ounce

In New York, The U.S. Dollar buys 0.6815 Euros

In New York, The Euro buys 1.4674 U.S. Dollars

The Federal Funds Target Rate is 2.00%

Ten-Year Treasury Note Yield is currently @ 3.813%

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