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Economic Data (USA)

Friday, January 02, 2009

All 3 Majors Gained More Than Six Percent On The Week

Each of the 3 major indexes advanced by more than 6% on the 4-day trading week despite a dismal report on U.S. manufacturing and record low consumer confidence.

For the week, the DJIA gained 519.14 points (+6.096%), the NASDAQ Composite Index added 101.97 points (+6.664%), and the S and P 500 Index advanced by 59.00 points (+6.76%).

Summary of The U.S. Markets for Today:


DJIA: Closed @ 9,034.69 (+258.30)

NASDAQ: Closed @ 1,632.21 (+55.18)

S and P 500: Closed @ 931.80 (+28.55)


NYMEX Crude Oil for Future Delivery closed @ $46.34/barrel

NY Spot Gold closed @ $874.90/ounce

In New York, The U.S. Dollar buys 0.7183 Euros

In New York, The Euro buys 1.3922 U.S. Dollars

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

Ten-Year Treasury Note Yield is currently @ 2.416%

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