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Economic Data (USA)

Friday, May 01, 2009

All Three Majors Gained More Than 1% On The Week

Each of the 3 major indexes advanced by more than one percent on the week. On Wednesday, the Federal Open Market Committee (FOMC) of the Federal Reserve, with a unanimous vote, opted to keep short-term rates at current levels.

For the week, the DJIA added 136.12 points (+1.685%), the NASDAQ Composite Index rose by 24.91 points (+1.47%), and the S and P 500 Index gained 11.29 points (+1.303%).

Summary of The U.S. Markets for Today:


DJIA: Closed @ 8,212.41 (+44.29)

NASDAQ: Closed @ 1,719.20 (+1.90)

S and P 500: Closed @ 877.52 (+4.71)


NYMEX Crude Oil for Future Delivery closed @ $53.20/barrel

NY Spot Gold closed @ $885.80/ounce

In New York, The U.S. Dollar buys 0.7535 Euros

In New York, The Euro buys 1.3272 U.S. Dollars

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

Ten-Year Treasury Note Yield is currently @ 3.174%

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