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Economy

Economic Data (USA)

Friday, January 23, 2009

All 3 Majors Lost More Than 2% On The Week

Each of the 3 major indices lost more than 2% on the week. For the week, crude oil for future delivery advanced by $9.96 (27.28%) to finish at $46.47 per barrel in New York, despite a marked increase in U.S. stockpiles.

For the week, the DJIA lost 203.66 points (-2.459%), the NASDAQ Composite Index declined by 52.04 points (-3.403%), and the S and P 500 Index lost 18.17 points (-2.137%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,077.56 (-45.24)

NASDAQ: Closed @ 1,477.29 (+11.80)

S and P 500: Closed @ 831.95 (+4.45)

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NYMEX Crude Oil for Future Delivery closed @ $46.47/barrel

NY Spot Gold closed @ $898.30/ounce

In New York, The U.S. Dollar buys 0.7711 Euros

In New York, The Euro buys 1.2969 U.S. Dollars

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

Ten-Year Treasury Note Yield is currently @ 2.622%

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