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


Economic Data (USA)

Friday, November 14, 2008

All 3 Majors Lost More Than 4.99% On The Week

All 3 major indexes lost ground on both the day and the week. Investors reacted bearishly to a relatively sharp decline in retail sales last month, and to news of last week's 516,000 new claims for jobless benefits. Crude oil for future delivery finished the week at $57.04 per barrel in New York on expectations of a protracted global recession.

For the week, the DJIA shed 446.50 points (-4.992%), the NASDAQ Composite Index fell by 130.55 points (-7.925%), and the S and P 500 Index lost 57.70 points (-6.198%).

Summary of The U.S. Markets for Today:


DJIA: Closed @ 8,497.31 (-337.94)

NASDAQ: Closed @ 1,516.85 (-79.85)

S and P 500: Closed @ 873.29 (-38.00)


NYMEX Crude Oil for Future Delivery closed @ $57.04/barrel

NY Spot Gold closed @ $742.30/ounce

In New York, The U.S. Dollar buys 0.7933 Euros

In New York, The Euro buys 1.2606 U.S. Dollars

The Federal Funds Target Rate is 1.00%

Ten-Year Treasury Note Yield is currently @ 3.75%

Labels: , , , , ,




Entire Website © 2022 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.