All 3 Majors Declined On The Day and The Week On Weak Jobs & Manufacturing Reports
All 3 majors lost more than 4% on the week as investors reacted bearishly to news that the jobless rate rose to 5% last month, and data that suggests U.S. manufacturing is contracting. New York Spot Gold and crude oil prices surged.
1,648,595,190 shares were traded @ The New York Stock Exchange® today.
For the week, the DJIA declined by 565.69 points (-4.232%), the NASDAQ Composite Index gave up 169.81 points (-6.349%), and the S&P 500 Index fell by 66.86 points (-4.522%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 12,800.18 (-256.54)
NASDAQ: Closed @ 2,504.65 (-98.03)
S&P 500: Closed @ 1,411.63 (-35.53)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $97.91/barrel
NY Spot Gold closed @ $863.00/ounce
In New York, The U.S. Dollar buys 0.6783 Euros
In New York, The Euro buys 1.4744 U.S. Dollars
The Federal Funds Target Rate is 4.25%
10-Year Treasury Note Yield is currently @ 3.854%
For the week, the DJIA declined by 565.69 points (-4.232%), the NASDAQ Composite Index gave up 169.81 points (-6.349%), and the S&P 500 Index fell by 66.86 points (-4.522%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 12,800.18 (-256.54)
NASDAQ: Closed @ 2,504.65 (-98.03)
S&P 500: Closed @ 1,411.63 (-35.53)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $97.91/barrel
NY Spot Gold closed @ $863.00/ounce
In New York, The U.S. Dollar buys 0.6783 Euros
In New York, The Euro buys 1.4744 U.S. Dollars
The Federal Funds Target Rate is 4.25%
10-Year Treasury Note Yield is currently @ 3.854%
Labels: djia, nasdaq, s_and_p_500, stock_market, stocks, weekly_numbers
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posted by Steve Brown | 1/04/2008 10:54:00 PM
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