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%
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: djia, nasdaq, s_and_p_500, stock_market, stocks, weekly_numbers
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posted by Steve Brown | 12/26/2008 11:23:00 PM
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