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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.

Friday, January 19, 2007

Only The DJIA Advanced for The Week

Both the S&P 500 and NASDAQ Composite advanced today, but the Dow Jones Industrial Average (DJIA) lost some ground. For the week, however, the DJIA was the only major index to advance despite the continued slide of crude oil prices, as investors digested earnings reports and the prospect that the Fed most likely won't lower short-term interest rates any time soon. 1,529,113,350 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 9.45 points (+0.075%), the NASDAQ Composite Index fell by 51.51 points (-2.101%), and the S&P 500 Index lost 0.23 point (-0.016%).

Summary of The U.S. Markets:

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DJIA: Closed @ 12,565.53 (-2.40)

NASDAQ: Closed @ 2,451.31 (+8.10)

S&P 500: Closed @ 1,430.50 (+4.13)

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NYMEX Crude Oil Future closed @ $51.99/barrel

NY Spot Gold closed @ $635.40/ounce

In New York, The U.S. Dollar buys 0.7717 Euros

In New York, The Euro buys 1.2959 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.773%

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