Friday, October 12, 2007

All 3 Majors Advanced On The Week

All 3 major indexes advanced on the week, helped in part by an encouraging report on retail sales. The price on a barrel of crude oil for future delivery closed at $83.69 while the dollar got weaker against the euro.

1,099,772,770 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 27.07 points (+0.192%), the NASDAQ Composite Index added 25.36 points (+0.912%), and the S and P 500 Index gained 4.21 points (+0.27%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 14,093.08 (+77.96)

NASDAQ: Closed @ 2,805.68 (+33.48)

S and P 500: Closed @ 1,561.80 (+7.39)

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NYMEX Crude Oil Future closed @ $83.69/barrel

NY Spot Gold closed @ $748.10/ounce

In New York, The U.S. Dollar buys 0.7053 Euros

In New York, The Euro buys 1.4178 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.687%