.comment-link {margin-left:.6em;}



Economy

Economic Data (USA)

Friday, March 06, 2009

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%

Labels: , , , , ,


>  SITEMAP  <

Links to this post:

Create a Link

<< Home


www.FedPrimeRate.com
Entire Website © 2017 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.