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Economy

Economic Data (USA)

Friday, April 03, 2009

All 3 Majors Gained More Than Three Percent On The Week

Each of the 3 major indices moved higher by more than 3 percent on the week despite news that non-farm payrolls shrank by 663,000 last month, and the unemployment rate climbed to 8.5%.

For the week, the DJIA added 241.41 points (+3.104%), the NASDAQ Composite Index added 76.67 points (+4.962%), and the S and P 500 Index gained 26.56 points (+3.255%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,017.59 (+39.51)

NASDAQ: Closed @ 1,621.87 (+19.24)

S and P 500: Closed @ 842.50 (+8.12)

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NYMEX Crude Oil for Future Delivery closed @ $52.51/barrel

NY Spot Gold closed @ $893.80/ounce

In New York, The U.S. Dollar buys 0.7416 Euros

In New York, The Euro buys 1.3484 U.S. Dollars

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

Ten-Year Treasury Note Yield is currently @ 2.907%

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