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Economy

Economic Data (USA)

Friday, May 15, 2009

All 3 Majors Sank Lower On The Week

All 3 major indexes sank lower on the week.

For the week, the DJIA lost 306.01 points (-3.569%), the NASDAQ Composite Index fell by 58.86 points (-3.385%), and the S and P 500 Index gave up 46.35 points (-4.988%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,268.64 (-62.68)

NASDAQ: Closed @ 1,680.14 (-9.07)

S and P 500: Closed @ 882.88 (-10.19)

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NYMEX Crude Oil for Future Delivery closed @ $56.34/barrel

NY Spot Gold closed @ $930.90/ounce

In New York, The U.S. Dollar buys 0.741 Euros

In New York, The Euro buys 1.3495 U.S. Dollars

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

Ten-Year Treasury Note Yield is currently @ 3.123%

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