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Economy

Economic Data (USA)

Friday, August 01, 2008

The DJIA Was The Only Major To Decline On The Week

The Dow Jones Industrial Average (DJIA) was the only one of the 3 major indexes to decline on a week capped by news that last month the U.S. economy shed 51,000 jobs and manufacturing moved sideways. Crude oil for future delivery closed above the $125 per barrel mark today.

For the week, the DJIA dropped 44.37 points (-0.39%), the NASDAQ Composite Index gained 0.43 points (+0.019%), and the S&P 500 Index added 2.62 added (+0.208%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 11,326.32 (-51.70)

NASDAQ: Closed @ 2,310.96 (-14.59)

S&P 500: Closed @ 1,260.31 (-7.07)

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NYMEX Crude Oil Future closed @ $125.10/barrel

NY Spot Gold closed @ $909.70/ounce

In New York, The U.S. Dollar buys 0.6425 Euros

In New York, The Euro buys 1.5564 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.948%

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