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Economy

Economic Data (USA)

Friday, August 15, 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 indices to lose ground on a week in which the dollar continued to strengthen. The dollar's advance contributed to crude oil for future delivery dropping below the $114 per barrel mark, while New York Spot Gold ended the week at $786 per ounce.

For the week, the DJIA lost 74.42 points (-0.634%), the NASDAQ Composite Index gained 38.42 points (+1.591%), and the S and P 500 Index gained 1.88 added (+0.149%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 11,659.90 (+43.97)

NASDAQ: Closed @ 2,452.52 (-1.15)

S and P 500: Closed @ 1,298.20 (+5.27)

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NYMEX Crude Oil Future closed @ $113.77/barrel

NY Spot Gold closed @ $786.00/ounce

In New York, The U.S. Dollar buys 0.6808 Euros

In New York, The Euro buys 1.4688 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.852%

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