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


Economic Data (USA)

Friday, December 26, 2008

All 3 Majors Declined On The Week Despite Crude Falling Below $38

All 3 major indexes declined on the week despite crude oil for future delivery closing at $37.71 per barrel. The week saw worrisome reports on new and existing homes, new claims for jobless benefits and consumer spending.

For the week, the DJIA lost 63.56 points (-0.741%), the NASDAQ Composite Index fell by 34.08 points (-2.179%), and the S&P 500 Index lost 15.08 points (-1.698%).

Summary of The U.S. Markets for Today:


DJIA: Closed @ 8,515.55 (+47.07)

NASDAQ: Closed @ 1,530.24 (+5.34)

S&P 500: Closed @ 872.80 (+4.65)


NYMEX Crude Oil Future closed @ $37.71/barrel

NY Spot Gold closed @ $868.70/ounce

In New York, The U.S. Dollar buys 0.7129 Euros

In New York, The Euro buys 1.4026 U.S. Dollars

The Target Range for the Fed Funds Rate is 0% - 0.25%

Ten-Year Treasury Note Yield is currently @ 2.137%

Labels: , , , , ,

--> www.FedPrimeRate.com Privacy Policy <--




Entire Website © 2024 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.