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

Economy

Economic Data (USA)

Friday, September 05, 2008

All 3 Majors Retreated On The Week

All 3 major indices retreated on the week despite cheaper crude oil and a stronger dollar. Earlier today, the Labor Department reported that the jobless rate jumped to 6.1% last month, while non-farm payrolls declined by 84,000.

For the week, the DJIA lost 322.59 points (-2.795%), the NASDAQ Composite Index lost 111.64 points (-4.715%), and the S and P 500 Index shed 40.52 points (-3.159%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,220.96 (+32.73)

NASDAQ: Closed @ 2,255.88 (-3.16)

S and P 500: Closed @ 1,242.31 (+5.48)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $106.23/barrel

NY Spot Gold closed @ $802.90/ounce

In New York, The U.S. Dollar buys 0.7009 Euros

In New York, The Euro buys 1.4267 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.66%

Labels: , , , , ,


>  SITEMAP  <

Links to this post:

Create a Link

<< Home


www.FedPrimeRate.com
Entire Website © 2017 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.