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Economy

Economic Data (USA)

Friday, September 12, 2008

All 3 Majors Added Points On The Week On Cheaper Crude Oil

All 3 major indexes advanced on the week as crude oil got cheaper. Investors were concerned about the health of Lehman Brothers, America's fourth largest investment bank.

For the week, the DJIA added 201.03 points (+1.792%), the NASDAQ Composite Index gained 5.39 points (+0.239%), and the S and P 500 Index advanced by 9.39 points (+0.756%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 11,421.99 (-11.72)

NASDAQ: Closed @ 2,261.27 (+3.05)

S and P 500: Closed @ 1,251.70 (+2.65)

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NYMEX Crude Oil Future closed @ $101.18/barrel

NY Spot Gold closed @ $763.70/ounce

In New York, The U.S. Dollar buys 0.7029 Euros

In New York, The Euro buys 1.4226 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.73%

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