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Economy

Economic Data (USA)

Friday, January 16, 2009

All 3 Majors Declined On The Week with The S&P 500 Dropping 4.5%

All 3 major indices declined on the week. Crude oil for future delivery finished the week at $36.51 per barrel in New York.

For the week, the DJIA lost 317.96 points (-3.698%), the NASDAQ Composite Index declined by 42.26 points (-2.689%), and the S and P 500 Index lost 40.23 points (-4.518%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,281.22 (+68.73)

NASDAQ: Closed @ 1,529.33 (+17.49)

S and P 500: Closed @ 850.12 (+6.38)

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NYMEX Crude Oil for Future Delivery closed @ $36.51/barrel

NY Spot Gold closed @ $842.40/ounce

In New York, The U.S. Dollar buys 0.7538 Euros

In New York, The Euro buys 1.3266 U.S. Dollars

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

Ten-Year Treasury Note Yield is currently @ 2.304%

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