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Stock Market Blog

News and Notes about The Dow Jones Industrial Average (DJIA), The NASDAQ Composite Index, The S & P 500 Index, New York Spot Gold, NYMEX Crude Oil Future, the 10-Year Treasury Note Yield, the Federal Funds Target Rate and the New York Stock Markets in General.

Wednesday, January 31, 2007

All 3 Majors Gain As Fed Continues On Hold

All 3 major indexes advanced today as investors reacted bullishly to Fed inaction on short-term interest rates and a better-than-expected fourth-quarter GDP report. 1,727,346,680 shares were traded @ The New York Stock Exchange® today.


Summary of The U.S. Markets:

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DJIA: Closed @ 12,621.69 (+98.38)

NASDAQ: Closed @ 2,463.93 (+15.29)

S&P 500: Closed @ 1,438.24 (+9.42)

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NYMEX Crude Oil Future is currently @ $57.80/barrel

NY Spot Gold closed @ $652.40/ounce

In New York, The U.S. Dollar buys 0.7676 Euros

In New York, The Euro buys 1.3028 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.826%

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