All 3 Majors Lost More Than 6 Percent On The Week
Each of the 3 major indexes lost more than 6% on the week, with fresh, bear-market lows for the Dow Jones Industrial Average (DJIA) and the S and P 500.
For the week, the DJIA shed 435.99 points (-6.173%), the NASDAQ Composite Index declined by 83.99 points (-6.096%), and the S and P 500 Index lost 51.71 points (-7.035%).
Bear Market Update: since closing with record highs on October 9, 2007, the Dow Jones Industrial Average (DJIA) has now declined by 7,537.59 points (53.215%), while the broader S&P 500 Index has fallen by 881.77 points (56.338%). The record high for the DJIA is 14,164.53; for the S&P 500 Index it's 1,565.15.
For the year, the DJIA is down 2,149.45 points (24.491%), while the S&P 500 is down 219.87 points (24.342%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 6,626.94 (+32.50)
NASDAQ: Closed @ 1,293.85 (-5.74)
S and P 500: Closed @ 683.38 (+0.83)
----------------------------------------------------------
NYMEX Crude Oil for Future Delivery closed @ $45.52/barrel
NY Spot Gold closed @ $938.40/ounce
In New York, The U.S. Dollar buys 0.7904 Euros
In New York, The Euro buys 1.2652 U.S. Dollars
The Target Range for the Fed Funds Rate is 0% - 0.25%
Ten-Year Treasury Note Yield is currently @ 2.83%
For the week, the DJIA shed 435.99 points (-6.173%), the NASDAQ Composite Index declined by 83.99 points (-6.096%), and the S and P 500 Index lost 51.71 points (-7.035%).
Bear Market Update: since closing with record highs on October 9, 2007, the Dow Jones Industrial Average (DJIA) has now declined by 7,537.59 points (53.215%), while the broader S&P 500 Index has fallen by 881.77 points (56.338%). The record high for the DJIA is 14,164.53; for the S&P 500 Index it's 1,565.15.
For the year, the DJIA is down 2,149.45 points (24.491%), while the S&P 500 is down 219.87 points (24.342%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 6,626.94 (+32.50)
NASDAQ: Closed @ 1,293.85 (-5.74)
S and P 500: Closed @ 683.38 (+0.83)
----------------------------------------------------------
NYMEX Crude Oil for Future Delivery closed @ $45.52/barrel
NY Spot Gold closed @ $938.40/ounce
In New York, The U.S. Dollar buys 0.7904 Euros
In New York, The Euro buys 1.2652 U.S. Dollars
The Target Range for the Fed Funds Rate is 0% - 0.25%
Ten-Year Treasury Note Yield is currently @ 2.83%
Labels: djia, nasdaq, s_and_p_500, stock_market, stocks, weekly_numbers
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posted by Steve Brown | 3/06/2009 11:28:00 PM
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