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Economy

Economic Data (USA)

Friday, November 28, 2008

All 3 Majors Gained More Than 9% On The Week

All 3 major indexes advanced on the day and all 3 gained more than 9% on the week.

For the week, the DJIA gained 782.62 points (+9.726%), the NASDAQ Composite Index added 151.22 points (+10.924%), and the S and P 500 Index advanced by 96.21 points (+12.026%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,829.04 (+102.43)

NASDAQ: Closed @ 1,535.57 (+3.47)

S and P 500: Closed @ 896.24 (+8.56)

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NYMEX Crude Oil Future closed @ $54.43/barrel

NY Spot Gold closed @ $816.30/ounce

In New York, The U.S. Dollar buys 0.788 Euros

In New York, The Euro buys 1.269 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 2.957%

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