Economy: All 3 Major Stock Market Indices Lost Ground On The Week

Summary of U.S. Markets for the Week Ending October 12, 2018:

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Dow Jones Industrial Average (DJIA) closed @ 25,339.99:

- lost 1,107.06 points (-4.186%) on the week.

- lost 1,488.40 points (-5.548%) since the October 3, 2018 record-high close (26,828.39.)

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S and P 500 Index closed @ 2,767.13:

- lost 118.44 points (-4.105%) on the week.

- lost 163.62 points (-5.583%) since the September 20, 2018 record-high close (2,930.75.)

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NASDAQ Composite Index closed @ 7,496.89:

- lost 291.56 points (-3.743%) on the week.

- lost 612.80 points (-7.556%) since the August 29, 2018 record-high close (8,109.69.)

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- NYMEX Crude Oil for Future Delivery closed @ $71.34 per barrel

- Comex Gold for December 2018 delivery closed @ $1,222.00 per troy ounce

- In New York, a U.S. dollar buys 0.8651 euros

- In New York, a Euro buys 1.1560 U.S. dollars

- The United States Prime Rate is 5.25%

- The Target Range for the Fed Funds Rate is 2.00% - 2.25%

- The yield on the 10-Year Treasury Note is currently @ 3.15%

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