All 3 Majors Gained More Than 6% On The Week

Each of the 3 major indices advanced by more than six percent on the week.

For the week, the DJIA added 497.80 points (+6.839%), the NASDAQ Composite Index advanced by 87.93 points (+6.034%), and the S&P 500 Index gained 47.40 points (+6.168%).

Bear Market Update: Since closing with record highs on October 9, 2007, the DJIA is now down 6,388.35 points (45.101%), while the S&P 500 Index is down 749.21 points (47.868%). The record high for the DJIA is 14,164.53; for the S&P 500 Index it's 1,565.15.

For the year, the DJIA is down 1,000.21 points (11.397%), while the S&P 500 is down 87.31 points (9.666%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 7,776.18 (-148.38)

NASDAQ: Closed @ 1,545.20 (-41.80)

S&P 500: Closed @ 815.94 (-16.92)

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NYMEX Crude Oil Future closed @ $52.38/barrel

NY Spot Gold closed @ $923.10/ounce

In New York, The U.S. Dollar buys 0.7524 Euros

In New York, The Euro buys 1.329 U.S. Dollars

The Target Range for the Fed Funds Rate is 0% - 0.25%

10-Year Treasury Note Yield is currently @ 2.761%

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