All 3 Majors Sank Lower On The Week

All 3 major indexes sank lower on the week.

For the week, the DJIA lost 306.01 points (-3.569%), the NASDAQ Composite Index fell by 58.86 points (-3.385%), and the S&P 500 Index gave up 46.35 points (-4.988%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,268.64 (-62.68)

NASDAQ: Closed @ 1,680.14 (-9.07)

S&P 500: Closed @ 882.88 (-10.19)

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NYMEX Crude Oil Future closed @ $56.34/barrel

NY Spot Gold closed @ $930.90/ounce

In New York, The U.S. Dollar buys 0.741 Euros

In New York, The Euro buys 1.3495 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 3.123%

>  SITEMAP  <

The S&P 500 Gained Just Under Six Percent on The Week

Each of the 3 major indexes advanced on the week despite news that the national unemployment rate jumped to 8.9% last month. Yesterday, the Federal Reserve released the results of the Supervisory Capital Assessment Program (SCAP).

For the week, the DJIA added 362.24 points (+4.411%), the NASDAQ Composite Index rose by 19.80 points (+1.152%), and the S&P 500 Index gained 51.71 points (+5.893%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,574.65 (+164.80)

NASDAQ: Closed @ 1,739.00 (+22.76)

S&P 500: Closed @ 929.23 (+21.84)

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NYMEX Crude Oil Future closed @ $58.63/barrel

NY Spot Gold closed @ $916.20/ounce

In New York, The U.S. Dollar buys 0.7335 Euros

In New York, The Euro buys 1.3634 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 3.293%

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All Three Majors Gained More Than 1% On The Week

Each of the 3 major indexes advanced by more than one percent on the week. On Wednesday, the Federal Open Market Committee (FOMC) of the Federal Reserve, with a unanimous vote, opted to keep short-term rates at current levels.

For the week, the DJIA added 136.12 points (+1.685%), the NASDAQ Composite Index rose by 24.91 points (+1.47%), and the S&P 500 Index gained 11.29 points (+1.303%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,212.41 (+44.29)

NASDAQ: Closed @ 1,719.20 (+1.90)

S&P 500: Closed @ 877.52 (+4.71)

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NYMEX Crude Oil Future closed @ $53.20/barrel

NY Spot Gold closed @ $885.80/ounce

In New York, The U.S. Dollar buys 0.7535 Euros

In New York, The Euro buys 1.3272 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 3.174%

>  SITEMAP  <

The DJIA and S&P 500 Declined On The Week

The Dow Jones Industrial Average (DJIA) and the S&P 500 both declined on the week, while the NASDAQ Composite advanced.

For the week, the DJIA lost 55.04 points (-0.677%), the NASDAQ Composite Index rose by 21.22 points (+1.268%), and the S&P 500 Index shed 3.37 points (-0.388%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,076.29 (+119.23)

NASDAQ: Closed @ 1,694.29 (+42.08)

S&P 500: Closed @ 866.23 (+14.31)

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NYMEX Crude Oil Future closed @ $51.55/barrel

NY Spot Gold closed @ $913.00/ounce

In New York, The U.S. Dollar buys 0.7551 Euros

In New York, The Euro buys 1.3242 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.996%

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All 3 Majors Rose On The Week

Each of the 3 major indices edged higher on the week.

For the week, the DJIA gained 47.95 points (+0.593%), the NASDAQ Composite Index rose by 20.53 points (+1.242%), and the S&P 500 Index added 13.04 points (+1.522%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,131.33 (+5.90)

NASDAQ: Closed @ 1,673.07 (+2.63)

S&P 500: Closed @ 869.60 (+4.30)

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NYMEX Crude Oil Future closed @ $50.33/barrel

NY Spot Gold closed @ $868.70/ounce

In New York, The U.S. Dollar buys 0.7666 Euros

In New York, The Euro buys 1.3044 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.93%

>  SITEMAP  <

All 3 Majors Edged Higher On The Four-Day Trading Week

Each of the 3 major indices advanced on the holiday-shortened, 4-day trading week.

For the week, the DJIA added 65.79 points (+0.821%), the NASDAQ Composite Index added 30.67 points (+1.891%), and the S&P 500 Index gained 14.06 points (+1.669%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,083.38 (+246.27)

NASDAQ: Closed @ 1,652.54 (+61.88)

S&P 500: Closed @ 856.56 (+31.40)

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NYMEX Crude Oil Future closed @ $52.24/barrel

NY Spot Gold closed @ $879.20/ounce

In New York, The U.S. Dollar buys 0.7583 Euros

In New York, The Euro buys 1.3188 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.926%

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All 3 Majors Gained More Than Three Percent On The Week

Each of the 3 major indices moved higher by more than 3 percent on the week despite news that non-farm payrolls shrank by 663,000 last month, and the unemployment rate climbed to 8.5%.

For the week, the DJIA added 241.41 points (+3.104%), the NASDAQ Composite Index added 76.67 points (+4.962%), and the S&P 500 Index gained 26.56 points (+3.255%).

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,017.59 (+39.51)

NASDAQ: Closed @ 1,621.87 (+19.24)

S&P 500: Closed @ 842.50 (+8.12)

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NYMEX Crude Oil Future closed @ $52.51/barrel

NY Spot Gold closed @ $893.80/ounce

In New York, The U.S. Dollar buys 0.7416 Euros

In New York, The Euro buys 1.3484 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.907%

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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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All 3 Majors Edged Higher On The Week

Each of the 3 major indexes advanced on the week. On Wednesday, the Federal Open Market Committee (FOMC) of the Federal Reserve opted keep short-term rates at current levels, and announced plans to buy up to $300 billion of long-term Treasury securities.

For the week, the DJIA added 54.40 points (+0.753%), the NASDAQ Composite Index advanced by 25.77 points (+1.8%), and the S&P 500 Index gained 11.99 points (+1.585%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 7,278.38 (-122.42)

NASDAQ: Closed @ 1,457.27 (-26.21)

S&P 500: Closed @ 768.54 (-15.50)

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NYMEX Crude Oil Future closed @ $52.07/barrel

NY Spot Gold closed @ $952.60/ounce

In New York, The U.S. Dollar buys 0.7363 Euros

In New York, The Euro buys 1.3582 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.625%

>  SITEMAP  <

All 3 Majors Gained More Than 9 Percent On The Week

Each of the 3 major indexes gained more than 9% on the week.

For the week, the DJIA added 597.04 points (+9.009%), the NASDAQ Composite Index advanced by 137.65 points (+10.639%), and the S&P 500 Index gained 73.17 points (+10.707%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 7,223.98 (+53.92)

NASDAQ: Closed @ 1,431.50 (+5.40)

S&P 500: Closed @ 756.55 (+5.81)

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NYMEX Crude Oil Future closed @ $46.25/barrel

NY Spot Gold closed @ $929.40/ounce

In New York, The U.S. Dollar buys 0.7735 Euros

In New York, The Euro buys 1.2928 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.885%

>  SITEMAP  <

All 3 Majors Lost More Than 6 Percent On The Week

Each of the 3 major indexes lost more than 6% on the week, with fresh, bear-market lows for the Dow Jones Industrial Average (DJIA) and the S&P 500.

For the week, the DJIA shed 435.99 points (-6.173%), the NASDAQ Composite Index declined by 83.99 points (-6.096%), and the S&P 500 Index lost 51.71 points (-7.035%).

Bear Market Update: since closing with record highs on October 9, 2007, the Dow Jones Industrial Average (DJIA) has now declined by 7,537.59 points (53.215%), while the broader S&P 500 Index has fallen by 881.77 points (56.338%). 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 2,149.45 points (24.491%), while the S&P 500 is down 219.87 points (24.342%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 6,626.94 (+32.50)

NASDAQ: Closed @ 1,293.85 (-5.74)

S&P 500: Closed @ 683.38 (+0.83)

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NYMEX Crude Oil Future closed @ $45.52/barrel

NY Spot Gold closed @ $938.40/ounce

In New York, The U.S. Dollar buys 0.7904 Euros

In New York, The Euro buys 1.2652 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.83%

>  SITEMAP  <

All 3 Majors Lost More Than 4 Percent On The Week

Each of the 3 major indexes lost more than 4 percent on the week, with new bear-market lows for the Dow Jones Industrial Average (DJIA) and the S&P 500. The DJIA experienced its worst February since 1933.

Shares of DJIA component Citigroup (C) ended the week at $1.50 per share on news that the federal government will increase its stake in the banking giant.

On Tuesday, The Conference Board reported that its Consumer Confidence Index fell to an all-time record low of 25.0 this month.

For the week, the DJIA shed 302.74 points (-4.11%), the NASDAQ Composite Index declined by 63.39 points (-4.398%), and the S&P 500 Index lost 34.96 points (-4.54%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 7,062.93 (-119.15)

NASDAQ: Closed @ 1,377.84 (-13.63)

S&P 500: Closed @ 735.09 (-17.74)

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NYMEX Crude Oil Future closed @ $44.76/barrel

NY Spot Gold closed @ $939.60/ounce

In New York, The U.S. Dollar buys 0.7894 Euros

In New York, The Euro buys 1.2668 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 3.041%

>  SITEMAP  <

All 3 Majors Lost More Than 6% On The Week

All 3 major indices lost more than 6% on the week. Earlier today, investors were spooked after U.S. Senator Christopher Dodd said that some American banks may have to be nationalized for a short time. Financial stocks suffered. Shares of Citigroup (C) closed at $1.95 per share, while shares of Bank of America (BAC) closed at $3.79 per share.

Dodd is the chairman of the Senate Banking Committee.

The price on New York Spot Gold moved closer to the $1,000 mark, closing the week at $993.20 per ounce.

For the week, the DJIA shed 484.74 points (-6.175%), the NASDAQ Composite Index declined by 93.13 points (-6.07%), and the S&P 500 Index lost 56.79 points (-6.868%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 7,365.67 (-100.28)

NASDAQ: Closed @ 1,441.23 (-1.59)

S&P 500: Closed @ 770.05 (-8.89)

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NYMEX Crude Oil Future closed @ $40.03/barrel

NY Spot Gold closed @ $993.20/ounce

In New York, The U.S. Dollar buys 0.7796 Euros

In New York, The Euro buys 1.2828 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.772%

>  SITEMAP  <

All 3 Majors Shed More Than 3% On The Week

All 3 major indices lost more than 3% on the week.

For the week, the DJIA shed 430.18 points (-5.195%), the NASDAQ Composite Index declined by 57.35 points (-3.603%), and the S&P 500 Index gave up 41.76 points (-4.808%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 7,850.41 (-82.35)

NASDAQ: Closed @ 1,534.36 (-7.35)

S&P 500: Closed @ 826.84 (-8.35)

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NYMEX Crude Oil Future closed @ $37.51/barrel

NY Spot Gold closed @ $941.60/ounce

In New York, The U.S. Dollar buys 0.7774 Euros

In New York, The Euro buys 1.2863 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.882%

>  SITEMAP  <

All 3 Majors Advanced On The Week Despite Somber Economic Reports

All 3 major indices gained ground on the day and the week despite dismal economic news: consumer spending fell by 1.0% during December, U.S. manufacturing was still in decline during January and the jobless rate jumped to 7.6% last month.

For the week, the DJIA added 279.73 points (+3.496%), the NASDAQ Composite Index gained 115.29 point (+7.809%), and the S&P 500 Index advanced by 42.72 points (+5.173%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,280.59 (+217.52)

NASDAQ: Closed @ 1,591.71 (+45.47)

S&P 500: Closed @ 868.60 (+22.75)

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NYMEX Crude Oil Future closed @ $40.17/barrel

NY Spot Gold closed @ $911.40/ounce

In New York, The U.S. Dollar buys 0.7727 Euros

In New York, The Euro buys 1.2941 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.98%

>  SITEMAP  <

DJIA and S&P 500 Suffer Their Worst January Ever

All 3 major indices declined on the day and the week. The Dow Jones Industrial Average (DJIA) and the S&P 500 Index both suffered their worst January on record. For the month, the DJIA lost 775.53 points (8.837%) while the broader S&P 500 lost 77.37 points (8.566%).

For the week, the DJIA lost 76.70 points (-0.95%), the NASDAQ Composite Index declined by 0.87 point (-0.059%), and the S&P 500 Index lost 6.07 points (-0.73%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,000.86 (-148.15)

NASDAQ: Closed @ 1,476.42 (-31.42)

S&P 500: Closed @ 825.88 (-19.26)

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NYMEX Crude Oil Future closed @ $41.68/barrel

NY Spot Gold closed @ $927.10/ounce

In New York, The U.S. Dollar buys 0.7805 Euros

In New York, The Euro buys 1.2812 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.844%

>  SITEMAP  <

All 3 Majors Lost More Than 2% On The Week

Each of the 3 major indices lost more than 2% on the week. For the week, crude oil for future delivery advanced by $9.96 (27.28%) to finish at $46.47 per barrel in New York, despite a marked increase in U.S. stockpiles.

For the week, the DJIA lost 203.66 points (-2.459%), the NASDAQ Composite Index declined by 52.04 points (-3.403%), and the S&P 500 Index lost 18.17 points (-2.137%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,077.56 (-45.24)

NASDAQ: Closed @ 1,477.29 (+11.80)

S&P 500: Closed @ 831.95 (+4.45)

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NYMEX Crude Oil Future closed @ $46.47/barrel

NY Spot Gold closed @ $898.30/ounce

In New York, The U.S. Dollar buys 0.7711 Euros

In New York, The Euro buys 1.2969 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.622%

>  SITEMAP  <

All 3 Majors Declined On The Week with The S&P 500 Dropping 4.5%

All 3 major indices declined on the week. Crude oil for future delivery finished the week at $36.51 per barrel in New York.

For the week, the DJIA lost 317.96 points (-3.698%), the NASDAQ Composite Index declined by 42.26 points (-2.689%), and the S&P 500 Index lost 40.23 points (-4.518%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,281.22 (+68.73)

NASDAQ: Closed @ 1,529.33 (+17.49)

S&P 500: Closed @ 850.12 (+6.38)

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NYMEX Crude Oil Future closed @ $36.51/barrel

NY Spot Gold closed @ $842.40/ounce

In New York, The U.S. Dollar buys 0.7538 Euros

In New York, The Euro buys 1.3266 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.304%

>  SITEMAP  <

All 3 Majors Lost More Than Three Percent On The Week

Each of the 3 major indices lost more than 3% on the week as a diverse group of companies including Alcoa, Walgreens and EMC Corp. announced job cuts. The Labor Department reported that nonfarm payrolls shrank by 524,000 last month while the unemployment rate jumped to 7.2%. Crude oil for future delivery finished the week at $40.83 per barrel in New York.

For the week, the DJIA lost 435.51 points (-4.82%), the NASDAQ Composite Index declined by 60.62 points (-3.714%), and the S&P 500 Index lost 41.45 points (-4.448%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,599.18 (-143.28)

NASDAQ: Closed @ 1,571.59 (-45.42)

S&P 500: Closed @ 890.35 (-19.38)

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NYMEX Crude Oil Future closed @ $40.83/barrel

NY Spot Gold closed @ $853.60/ounce

In New York, The U.S. Dollar buys 0.7422 Euros

In New York, The Euro buys 1.3473 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.407%

>  SITEMAP  <

All 3 Majors Gained More Than Six Percent On The Week

Each of the 3 major indexes advanced by more than 6% on the 4-day trading week despite a dismal report on U.S. manufacturing and record low consumer confidence.

For the week, the DJIA gained 519.14 points (+6.096%), the NASDAQ Composite Index added 101.97 points (+6.664%), and the S&P 500 Index advanced by 59.00 points (+6.76%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 9,034.69 (+258.30)

NASDAQ: Closed @ 1,632.21 (+55.18)

S&P 500: Closed @ 931.80 (+28.55)

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NYMEX Crude Oil Future closed @ $46.34/barrel

NY Spot Gold closed @ $874.90/ounce

In New York, The U.S. Dollar buys 0.7183 Euros

In New York, The Euro buys 1.3922 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.416%

>  SITEMAP  <

All 3 Majors Lost More Than 33 Percent On The Year

All 3 major indexes gave up more than 33% on the year. The Dow Jones Industrial Average (DJIA) experienced its worst yearly decline since the Great Depression. For both the DJIA and the S&P 500 Index, 2008 was their third-worst year ever.

For the year, the DJIA lost 4,488.43 points (-33.837%), the NASDAQ Composite Index lost 1,075.25 points (-40.541%), and the S&P 500 Index declined by 565.11 points (-38.486%).

For the year:

• Crude oil for future delivery declined by $51.38 (+53.532%)
  
  
• New York Spot Gold advanced by $47.50 (+5.7%)
  
  
• Click here to see how each of the 30 DJIA stocks performed during 2008.
  
  
• Click here for the 10 best and 10 worst performing stocks in the S&P 500 Index for 2008.

Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,776.39 (+108.00)

NASDAQ: Closed @ 1,577.03 (+26.33)

S&P 500: Closed @ 903.25 (+12.61)

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NYMEX Crude Oil Future closed @ $44.60/barrel

NY Spot Gold closed @ $880.80/ounce

In New York, The U.S. Dollar buys 0.7107 Euros

In New York, The Euro buys 1.407 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.244%

>  SITEMAP  <

All 3 Majors Declined On The Week Despite Crude Falling Below $38

All 3 major indexes declined on the week despite crude oil for future delivery closing at $37.71 per barrel. The week saw worrisome reports on new and existing homes, new claims for jobless benefits and consumer spending.

For the week, the DJIA lost 63.56 points (-0.741%), the NASDAQ Composite Index fell by 34.08 points (-2.179%), and the S&P 500 Index lost 15.08 points (-1.698%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,515.55 (+47.07)

NASDAQ: Closed @ 1,530.24 (+5.34)

S&P 500: Closed @ 872.80 (+4.65)

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NYMEX Crude Oil Future closed @ $37.71/barrel

NY Spot Gold closed @ $868.70/ounce

In New York, The U.S. Dollar buys 0.7129 Euros

In New York, The Euro buys 1.4026 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.137%

>  SITEMAP  <

The Dow Was The Only Major to Finish Lower On The Week

On the week -- and for the second straight week -- the S&P 500 and the NASDAQ Composite both added points while the Dow Jones Industrial Average (DJIA) declined. On Tuesday, the Federal Open Market Committee (FOMC) of the Federal Reserve opted to establish a target range of 0% - 0.25% for the benchmark federal funds rate, causing the U.S. Prime Rate to drop to 3.25%. Also from Tuesday, the Labor Department reported that consumer prices dropped by 1.7% during November, and the Commerce Department reported that housing starts fell by 18.9% last month.

For the week, the DJIA shed 50.57 points (-0.586%), the NASDAQ Composite Index gained 23.60 points (+1.532%), and the S&P 500 Index advanced by 8.15 points (+0.926%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,579.11 (-25.88)

NASDAQ: Closed @ 1,564.32 (+11.95)

S&P 500: Closed @ 887.88 (+2.60)

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NYMEX Crude Oil Future closed @ $42.36/barrel

NY Spot Gold closed @ $837.90/ounce

In New York, The U.S. Dollar buys 0.7189 Euros

In New York, The Euro buys 1.391 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 2.131%

>  SITEMAP  <

The DJIA Was The Only Major to End The Week Lower

On the week, the S&P 500 and the NASDAQ Composite both advanced while the Dow Jones Industrial Average (DJIA) declined. On Thursday, the Labor Department reported 573,000 new claims for jobless benefits. Earlier today, investors learned of a sharp decline in retail and food services sales for November.

For the week, the DJIA shed 5.74 points (-0.066%), the NASDAQ Composite Index added 31.41 points (+2.081%), and the S&P 500 Index advanced by 3.66 points (+0.418%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,629.68 (+64.59)

NASDAQ: Closed @ 1,540.72 (+32.84)

S&P 500: Closed @ 879.73 (+6.14)

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NYMEX Crude Oil Future closed @ $46.28/barrel

NY Spot Gold closed @ $822.00/ounce

In New York, The U.S. Dollar buys 0.748 Euros

In New York, The Euro buys 1.337 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 2.589%

>  SITEMAP  <

All 3 Majors Swung Lower On The Week

All 3 major indexes advanced on the day, despite news of 533,000 job cuts during November 2008. All 3 majors retreated on the week. Crude oil for future delivery closed at $40.81 per barrel earlier today.

For the week, the DJIA shed 193.62 points (-2.193%), the NASDAQ Composite Index lost 26.26 points (-1.71%), and the S&P 500 Index fell by 20.17 points (-2.251%).


Summary of The U.S. Markets for Today:

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DJIA: Closed @ 8,635.42 (+259.18)

NASDAQ: Closed @ 1,509.31 (+63.75)

S&P 500: Closed @ 876.07 (+30.85)

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NYMEX Crude Oil Future closed @ $40.81/barrel

NY Spot Gold closed @ $754.30/ounce

In New York, The U.S. Dollar buys 0.7863 Euros

In New York, The Euro buys 1.2718 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 2.657%

>  SITEMAP  <

All 3 Majors Gained More Than 9% On The Week

All 3 major indexes advanced on the day and all 3 gained more than 9% on the week.

For the week, the DJIA gained 782.62 points (+9.726%), the NASDAQ Composite Index added 151.22 points (+10.924%), and the S&P 500 Index advanced by 96.21 points (+12.026%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,829.04 (+102.43)

NASDAQ: Closed @ 1,535.57 (+3.47)

S&P 500: Closed @ 896.24 (+8.56)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $54.43/barrel

NY Spot Gold closed @ $816.30/ounce

In New York, The U.S. Dollar buys 0.788 Euros

In New York, The Euro buys 1.269 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 2.957%

>  SITEMAP  <

All 3 Majors Lost More Than 5% On The Week

All 3 major indices enjoyed gains on the day, but all 3 declined by more than 5% on the week. President-elect Obama's likely nomination of New York Federal Reserve Bank president Timothy Geithner to be America's next Treasury Secretary sparked a near-market-close rally in which the Dow Jones Industrial Average (DJIA) surged by more than 500 points. Crude oil for future delivery ended the week at $49.93 per barrel in New York.

For the week, the DJIA lost 450.89 points (-5.306%), the NASDAQ Composite Index fell by 132.50 points (-8.735%), and the S&P 500 Index shed 73.26 points (-8.389%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,046.42 (+494.13)

NASDAQ: Closed @ 1,384.35 (+68.23)

S&P 500: Closed @ 800.03 (+47.59)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $49.93/barrel

NY Spot Gold closed @ $801.60/ounce

In New York, The U.S. Dollar buys 0.7943 Euros

In New York, The Euro buys 1.2589 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 3.167%

>  SITEMAP  <

All 3 Majors Lost More Than 4.99% On The Week

All 3 major indexes lost ground on both the day and the week. Investors reacted bearishly to a relatively sharp decline in retail sales last month, and to news of last week's 516,000 new claims for jobless benefits. Crude oil for future delivery finished the week at $57.04 per barrel in New York on expectations of a protracted global recession.

For the week, the DJIA shed 446.50 points (-4.992%), the NASDAQ Composite Index fell by 130.55 points (-7.925%), and the S&P 500 Index lost 57.70 points (-6.198%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,497.31 (-337.94)

NASDAQ: Closed @ 1,516.85 (-79.85)

S&P 500: Closed @ 873.29 (-38.00)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $57.04/barrel

NY Spot Gold closed @ $742.30/ounce

In New York, The U.S. Dollar buys 0.7933 Euros

In New York, The Euro buys 1.2606 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 3.75%

>  SITEMAP  <

All 3 Majors Surged On The Day But Lost More Than 3% On The Week

All 3 major indices added points on the day, but all 3 lost more than 3% on the week. On November 4^TH, Americans decided to give the Democrats control of the White House, the Senate and the House of Representatives effective January 20, 2009 at noon.

For the week, the DJIA lost 381.20 points (-4.088%), the NASDAQ Composite Index fell by 73.55 points (-4.274%), and the S&P 500 Index gave up 37.76 points (-3.898%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,943.81 (+248.02)

NASDAQ: Closed @ 1,647.40 (+38.70)

S&P 500: Closed @ 930.99 (+26.11)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $61.04/barrel

NY Spot Gold closed @ $733.90/ounce

In New York, The U.S. Dollar buys 0.7863 Euros

In New York, The Euro buys 1.2718 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 3.78%

>  SITEMAP  <

All 3 Majors Surged by More Than 10% On The Week

Discouraging reports about the U.S. economy [1 , 2, 3] weren't enough to keep stocks down this week, as investors anticipated and reacted bullishly to Wednesday's 50 basis point cut by the Fed.

For the week, the DJIA surged by 946.06 points (+11.291%), the NASDAQ Composite Index increased by 168.92 points (+10.884%), and the S&P 500 Index added 91.98 points (+10.491%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 9,325.01 (+144.32)

NASDAQ: Closed @ 1,720.95 (+22.43)

S&P 500: Closed @ 968.75 (+14.66)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $67.81/barrel

NY Spot Gold closed @ $723.70/ounce

In New York, The U.S. Dollar buys 0.7858 Euros

In New York, The Euro buys 1.2725 U.S. Dollars

The Federal Funds Target Rate is 1.00%

10-Year Treasury Note Yield is currently @ 3.97%

>  SITEMAP  <

All 3 Majors Lost More Than 5% On The Week

A sharp decline in crude oil prices wasn't enough to keep stocks from falling this week, as investors braced for slow to negative growth in both domestic and foreign markets. Gold prices declined while the dollar gained considerable strength against the euro.

For the week, the DJIA lost 473.27 points (-5.346%), the NASDAQ Composite Index declined by 159.26 points (-9.306%), and the S&P 500 Index fell by 63.78 points (-6.781%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,378.95 (-312.30)

NASDAQ: Closed @ 1,552.03 (-51.88)

S&P 500: Closed @ 876.77 (-31.34)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $64.15/barrel

NY Spot Gold closed @ $734.30/ounce

In New York, The U.S. Dollar buys 0.7922 Euros

In New York, The Euro buys 1.2624 U.S. Dollars

The Federal Funds Target Rate is 1.50%

10-Year Treasury Note Yield is currently @ 3.697%

>  SITEMAP  <

All 3 Majors Advanced On The Week On Cheaper Crude Oil

Despite disheartening economic reports (1, 2, 3, 4) released since last Friday, each of the 3 major indices added points on the week as the price on crude oil for future delivery sank to $71.85 per barrel in New York.

For the week, the DJIA added 401.03 points (+4.745%), the NASDAQ Composite Index gained 61.78 points (+3.745%), and the S&P 500 Index advanced by 41.33 points (+4.596%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,852.22 (-127.04)

NASDAQ: Closed @ 1,711.29 (-6.42)

S&P 500: Closed @ 940.55 (-5.88)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $71.85/barrel

NY Spot Gold closed @ $782.90/ounce

In New York, The U.S. Dollar buys 0.742 Euros

In New York, The Euro buys 1.3478 U.S. Dollars

The Federal Funds Target Rate is 1.50%

10-Year Treasury Note Yield is currently @ 3.938%

>  SITEMAP  <

Each of The 3 Major Indices Lost Over 15% On The Week

Each of the 3 major indexes lost more than 15 percent on the week, the worst week ever for American equities. Crude oil for future delivery finished the week at $77.70 per barrel, a decline of $69.57 (47.24%) since hitting a record high of $147.27 per barrel on July 11, 2008. On Wednesday, the Federal Reserve, in concert with several central banks around the world, cut short-term interest rates by 50 basis points (0.50 percentage point.)

Stock Market Crash
For the week, the DJIA shed 1,874.19 points (-18.151%), the NASDAQ Composite Index lost 297.88 points (-15.296%), and the S&P 500 Index fell by 200.01 points (-18.195%).

Bear Market Update
Since closing with record highs on October 9, 2007, the DJIA has now declined by 5,713.34 points (40.336%), while the S&P 500 Index has lost 665.93 points (42.547%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 8,451.19 (-128.00)

NASDAQ: Closed @ 1,649.51 (+4.39)

S&P 500: Closed @ 899.22 (-10.70)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $77.70/barrel

NY Spot Gold closed @ $849.90/ounce

In New York, The U.S. Dollar buys 0.7458 Euros

In New York, The Euro buys 1.3408 U.S. Dollars

The Federal Funds Target Rate is 1.50%

10-Year Treasury Note Yield is currently @ 3.861%

>  SITEMAP  <

All 3 Majors Declined On The Week Despite Passage of Bad-Debt Bailout Bill and Cheaper Crude Oil

All 3 major indexes declined on the week despite the creation of a new law that will permit the federal government to spend hundreds of billions of taxpayer dollars buy Wall Street's bad debt, and cheaper crude oil. The week's economic reports (1,2,3) added credibility to the notion that the U.S. is currently in recession.

For the week, the DJIA shed 817.75 points (-7.339%), the NASDAQ Composite Index lost 235.99 points (-10.809%), and the S&P 500 Index fell by 113.78 points (-9.38%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 10,325.38 (-157.47)

NASDAQ: Closed @ 1,947.39 (-29.33)

S&P 500: Closed @ 1,099.23 (-15.05)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $93.88/barrel

NY Spot Gold closed @ $834.80/ounce

In New York, The U.S. Dollar buys 0.7261 Euros

In New York, The Euro buys 1.3772 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.644%

>  SITEMAP  <

All 3 Majors Declined On The Week

All 3 majors lost points on the week. Congress rejected the Bush administration's $700 billion plan to purchase Wall Street's bad debt; investors reacted to the failed initiative by selling equities. On Monday, the Dow Jones Industrial Average (DJIA) fell by 777.68 points (6.98%) while the S&P 500 lost 106.62 points (8.79%).

For the week, the DJIA shed 245.31 points (-2.154%), the NASDAQ Composite Index lost 90.56 points (-3.983%), and the S&P 500 Index fell by 42.07 points (-3.352%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,143.13 (+121.07)

NASDAQ: Closed @ 2,183.34 (-3.23)

S&P 500: Closed @ 1,213.01 (+3.83)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $106.89/barrel

NY Spot Gold closed @ $877.80/ounce

In New York, The U.S. Dollar buys 0.6843 Euros

In New York, The Euro buys 1.4614 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.827%

>  SITEMAP  <

The NASDAQ and S&P 500 Advanced On The Week

The Dow Jones Industrial Average (DJIA) was the only one of the 3 major indexes to decline on the week. Merrill Lynch will be acquired by Bank of America, while Lehman Brothers filed for Chapter 11 bankruptcy protection. The federal government is taking a 79.9% equity stake in conglomerate American International Group (AIG) in exchange for a two-year, $85 billion loan.

Goldman Sachs and Morgan Stanley, the only two major independent investment banks left on Wall Street, are set to become bank holding companies.

Effective Monday, AIG will no longer be a component of the Dow Jones Industrial Average (DJIA); AIG will be replaced by Kraft Foods (KFT).

Treasury secretary Henry Paulson has asked Congress to support a plan aimed at stabilizing domestic and global markets in which the federal government would spend around $700 billion to purchase undesirable mortgage-backed securities and other toxic loans.

On the week, the price on New York Spot Gold increased by $108.10 (14.155%).

For the week, the DJIA shed 33.55 points (-0.294%), the NASDAQ Composite Index gained 12.63 points (+0.559%), and the S&P 500 Index added 3.38 points (+0.272%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,388.44 (+368.75)

NASDAQ: Closed @ 2,273.90 (+74.80)

S&P 500: Closed @ 1,255.08 (+48.57)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $104.55/barrel

NY Spot Gold closed @ $871.80/ounce

In New York, The U.S. Dollar buys 0.6913 Euros

In New York, The Euro buys 1.4466 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.769%

>  SITEMAP  <

All 3 Majors Added Points On The Week On Cheaper Crude Oil

All 3 major indexes advanced on the week as crude oil got cheaper. Investors were concerned about the health of Lehman Brothers, America's fourth largest investment bank.

For the week, the DJIA added 201.03 points (+1.792%), the NASDAQ Composite Index gained 5.39 points (+0.239%), and the S&P 500 Index advanced by 9.39 points (+0.756%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,421.99 (-11.72)

NASDAQ: Closed @ 2,261.27 (+3.05)

S&P 500: Closed @ 1,251.70 (+2.65)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $101.18/barrel

NY Spot Gold closed @ $763.70/ounce

In New York, The U.S. Dollar buys 0.7029 Euros

In New York, The Euro buys 1.4226 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.73%

>  SITEMAP  <

All 3 Majors Retreated On The Week

All 3 major indices retreated on the week despite cheaper crude oil and a stronger dollar. Earlier today, the Labor Department reported that the jobless rate jumped to 6.1% last month, while non-farm payrolls declined by 84,000.

For the week, the DJIA lost 322.59 points (-2.795%), the NASDAQ Composite Index lost 111.64 points (-4.715%), and the S&P 500 Index shed 40.52 points (-3.159%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,220.96 (+32.73)

NASDAQ: Closed @ 2,255.88 (-3.16)

S&P 500: Closed @ 1,242.31 (+5.48)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $106.23/barrel

NY Spot Gold closed @ $802.90/ounce

In New York, The U.S. Dollar buys 0.7009 Euros

In New York, The Euro buys 1.4267 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.66%

>  SITEMAP  <

All 3 Majors Lost Ground On The Week On Hurricane Worries

All 3 major indexes lost points on the week as hurricane Gustav approached the Gulf Coast.

For the week, the DJIA lost 84.51 points (-0.727%), the NASDAQ Composite Index lost 47.19 points (-1.954%), and the S&P 500 Index shed 9.37 points (-0.725%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,543.55 (-171.63)

NASDAQ: Closed @ 2,367.52 (-44.12)

S&P 500: Closed @ 1,282.83 (-17.85)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $115.46/barrel

NY Spot Gold closed @ $829.90/ounce

In New York, The U.S. Dollar buys 0.6815 Euros

In New York, The Euro buys 1.4674 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.813%

>  SITEMAP  <

All 3 Majors Lost Ground On The Week

All 3 major indexes advanced on the day but declined on the week.

For the week, the DJIA lost 31.84 points (-0.273%), the NASDAQ Composite Index lost 37.81 points (-1.542%), and the S&P 500 Index shed 6.00 points (-0.462%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,628.06 (+197.85)

NASDAQ: Closed @ 2,414.71 (+34.33)

S&P 500: Closed @ 1,292.20 (+14.48)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $114.59/barrel

NY Spot Gold closed @ $822.20/ounce

In New York, The U.S. Dollar buys 0.676 Euros

In New York, The Euro buys 1.4792 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.867%

>  SITEMAP  <

The DJIA Was The Only Major To Decline On The Week

The Dow Jones Industrial Average (DJIA) was the only one of the 3 major indices to lose ground on a week in which the dollar continued to strengthen. The dollar's advance contributed to crude oil for future delivery dropping below the $114 per barrel mark, while New York Spot Gold ended the week at $786 per ounce.

For the week, the DJIA lost 74.42 points (-0.634%), the NASDAQ Composite Index gained 38.42 points (+1.591%), and the S&P 500 Index gained 1.88 added (+0.149%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,659.90 (+43.97)

NASDAQ: Closed @ 2,452.52 (-1.15)

S&P 500: Closed @ 1,298.20 (+5.27)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $113.77/barrel

NY Spot Gold closed @ $786.00/ounce

In New York, The U.S. Dollar buys 0.6808 Euros

In New York, The Euro buys 1.4688 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.852%

>  SITEMAP  <

All 3 Majors Advanced On The Week On Cheaper Crude Oil

All 3 major indexes advanced on the week as crude oil for future delivery dropped $9.90 (7.914%) since last Friday, and the dollar gained considerable strength against the euro. New York Spot Gold got cheaper, closing at $855.50 per ounce. The Fed opted to leave short-term interest rates alone on Tuesday.

For the week, the DJIA added 408.00 points (+3.602%), the NASDAQ Composite Index gained 103.14 points (+4.463%), and the S&P 500 Index gained 36.01 added (+2.857%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,734.32 (+302.89)

NASDAQ: Closed @ 2,414.10 (+58.37)

S&P 500: Closed @ 1,296.32 (+30.25)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $115.20/barrel

NY Spot Gold closed @ $855.50/ounce

In New York, The U.S. Dollar buys 0.6664 Euros

In New York, The Euro buys 1.5005 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.95%

>  SITEMAP  <

The DJIA Was The Only Major To Decline On The Week

The Dow Jones Industrial Average (DJIA) was the only one of the 3 major indexes to decline on a week capped by news that last month the U.S. economy shed 51,000 jobs and manufacturing moved sideways. Crude oil for future delivery closed above the $125 per barrel mark today.

For the week, the DJIA dropped 44.37 points (-0.39%), the NASDAQ Composite Index gained 0.43 points (+0.019%), and the S&P 500 Index added 2.62 added (+0.208%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,326.32 (-51.70)

NASDAQ: Closed @ 2,310.96 (-14.59)

S&P 500: Closed @ 1,260.31 (-7.07)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $125.10/barrel

NY Spot Gold closed @ $909.70/ounce

In New York, The U.S. Dollar buys 0.6425 Euros

In New York, The Euro buys 1.5564 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.948%

>  SITEMAP  <

The DJIA and S&P 500 Declined On The Week

All 3 major indexes advanced on the day, but only the NASDAQ Composite Index added points on the week. Crude oil for future delivery got cheaper, closing at $123.26 per barrel today.

For the week, the DJIA dropped 125.88 points (-1.095%), the NASDAQ Composite Index gained 27.75 points (+1.216%), and the S&P 500 Index lost 2.92 points (-0.232%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,370.69 (+21.41)

NASDAQ: Closed @ 2,310.53 (+30.42)

S&P 500: Closed @ 1,257.76 (+5.22)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $123.26/barrel

NY Spot Gold closed @ $928.40/ounce

In New York, The U.S. Dollar buys 0.6366 Euros

In New York, The Euro buys 1.5708 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.111%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indexes added points on the week as crude oil for future delivery got cheaper, closing below the $130 per barrel mark today.

For the week, the DJIA added 396.03 points (+3.568%), the NASDAQ Composite Index gained 43.70 points (+1.952%), and the S&P 500 Index advanced by 21.19 points (+1.71%).


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,496.57 (+49.91)

NASDAQ: Closed @ 2,282.78 (-29.52)

S&P 500: Closed @ 1,260.68 (+0.36)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $128.88/barrel

NY Spot Gold closed @ $954.60/ounce

In New York, The U.S. Dollar buys 0.631 Euros

In New York, The Euro buys 1.5848 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.081%

>  SITEMAP  <

All 3 Majors Declined On The Week On Jitters Related to Fannie Mae and Freddie Mac

All 3 majors lost value on the day and on the week as investors worried about the health of mortgage giants Fannie Mae and Freddie Mac. Once again, crude oil for future delivery ended the week above $145 per barrel. Both the DJIA and S&P 500 ended the week in bear market territory.

For the week, the DJIA lost 188.00 points (-1.665%), the NASDAQ Composite Index lost 6.30 points (-0.281%), and the S&P 500 Index fell by 23.41 points (-1.854%).


Since closing with record highs on October 9, 2007, the Dow Jones Industrial Average (DJIA) has now lost 3,063.99 points (21.631%), while the broader S&P 500 Index has lost 325.66 points (20.807%.)


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,100.54 (-128.48)

NASDAQ: Closed @ 2,239.08 (-18.77)

S&P 500: Closed @ 1,239.49 (-13.90)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $145.08/barrel

NY Spot Gold closed @ $964.60/ounce

In New York, The U.S. Dollar buys 0.6275 Euros

In New York, The Euro buys 1.5937 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.94%

>  SITEMAP  <

All 3 Majors Lost Value On The Week As Crude Oil Continued to Climb

All 3 majors lost value on the 4-day trading week, with the Dow Jones Industrial Average (DJIA) closing in bear market territory. Crude oil for future delivery closed @ $145.29 per barrel earlier today.

For the week, the DJIA lost 57.97 points (-0.511%), the NASDAQ Composite Index lost 70.25 points (-3.034%), and the S&P 500 Index fell by 15.48 points (-1.211%).


Since closing with record highs on October 9, 2007, the Dow Jones Industrial Average (DJIA) has now lost 2,875.99 points (20.304%), while the broader S&P 500 Index has given up 302.25 points (19.311%.)


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,288.54 (+73.03)*

NASDAQ: Closed @ 2,245.38 (-6.08)*

S&P 500: Closed @ 1,262.90 (+1.38)*

* = Thursday close.

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $145.29/barrel

NY Spot Gold closed @ $933.60/ounce

In New York, The U.S. Dollar buys 0.6369 Euros

In New York, The Euro buys 1.5702 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.973%

>  SITEMAP  <

All 3 Majors Lost More Than 3% on The Week

Each of the 3 major indexes lost ground on both the day and the week as crude oil for future delivery closed above the $140 per barrel mark. On Wednesday, the Fed opted to leave short-term interest rates at their current level. The dollar declined against the euro while New York Spot Gold closed at $926.80 per ounce.

For the week, the DJIA lost 496.18 points (-4.19%), the NASDAQ Composite Index lost 90.46 points (-3.76%), and the S&P 500 Index fell by 39.55 points (-3.001%).


Since closing with record highs on October 9, 2007, the Dow Jones Industrial Average (DJIA) has now lost 2,818.02 points (19.895%), while the broader S&P 500 Index has given up 286.77 points (18.322%.)


Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,346.51 (-106.91)

NASDAQ: Closed @ 2,315.63 (-5.74)

S&P 500: Closed @ 1,278.38 (-4.77)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $140.21/barrel

NY Spot Gold closed @ $926.80/ounce

In New York, The U.S. Dollar buys 0.6337 Euros

In New York, The Euro buys 1.5782 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.99%

>  SITEMAP  <

All 3 Majors Declined On The Day and The Week

All 3 major indexes lost ground on both the day and the week as crude oil continued to trade above the $130 per barrel mark. The Dow Jones Industrial Average (DJIA) closed below the 12,000 mark earlier today.

For the week, the DJIA lost 464.66 points (-3.775%), the NASDAQ Composite Index lost 48.41 points (-1.972%), and the S&P 500 Index fell by 42.10 points (-3.096%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,842.69 (-220.40)

NASDAQ: Closed @ 2,406.09 (-55.97)

S&P 500: Closed @ 1,317.93 (-24.90)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $135.36/barrel

NY Spot Gold closed @ $901.30/ounce

In New York, The U.S. Dollar buys 0.6408 Euros

In New York, The Euro buys 1.5606 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.137%

>  SITEMAP  <

Only the DJIA Advanced On The Week

All 3 major indexes advanced on the day, but only the Dow Jones Industrial Average (DJIA) gained ground on the week. Crude oil prices eased as the dollar got stronger.

For the week, the DJIA added 97.54 points (+0.799%), the NASDAQ Composite Index lost 20.06 points (-0.811%), and the S&P 500 Index fell by 0.65 point (-0.048%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,307.35 (+165.77)

NASDAQ: Closed @ 2,454.50 (+50.15)

S&P 500: Closed @ 1,360.03 (+20.16)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $134.86/barrel

NY Spot Gold closed @ $870.80/ounce

In New York, The U.S. Dollar buys 0.6502 Euros

In New York, The Euro buys 1.5381 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.261%

>  SITEMAP  <

All 3 Majors Declined On The Week On $138.54 Crude Oil and A Jump In the Jobless Rate

All 3 major indices lost value on the day and the week: Investors reacted bearishly to news that the unemployment rate jumped to 5.5% last month and to crude oil for future delivery soaring passed the $138 per barrel mark in New York earlier today.

For the week, the DJIA lost 428.51 points (-3.391%), the NASDAQ Composite Index shed 48.10 points (-1.907%), and the S&P 500 Index lost 39.70 points (-2.835%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,209.81 (-394.64)

NASDAQ: Closed @ 2,474.56 (-75.38)

S&P 500: Closed @ 1,360.68 (-43.37)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $138.54/barrel

NY Spot Gold closed @ $902.20/ounce

In New York, The U.S. Dollar buys 0.6338 Euros

In New York, The Euro buys 1.5778 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.938%

>  SITEMAP  <

All 3 Majors Advanced On The 4-Day Trading Week

All 3 major indices advanced on the 4-day trading week as the price on crude oil for future delivery eased to $127.35 per barrel in New York.

For the week, the DJIA gained 158.69 points (+1.272%), the NASDAQ Composite Index added 77.99 (+3.19%), and the S&P 500 Index advanced by 24.45 points (+1.777%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,638.32 (-7.90)

NASDAQ: Closed @ 2,522.66 (+14.34)

S&P 500: Closed @ 1,400.38 (+2.12)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $127.35/barrel

NY Spot Gold closed @ $886.10/ounce

In New York, The U.S. Dollar buys 0.6436 Euros

In New York, The Euro buys 1.5536 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 4.046%

>  SITEMAP  <

All 3 Majors Lost Over 3% On The Week On High Crude Prices

All 3 major indices lost more than 3% on the week: crude oil for future delivery ended the week at $132.19 per barrel in New York.

For the week, the DJIA lost 507.17 points (-3.905%), the NASDAQ Composite Index fell by 84.18 (-3.329%), and the S&P 500 Index shed 49.42 points (-3.467%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,479.63 (-145.99)

NASDAQ: Closed @ 2,444.67 (-19.91)

S&P 500: Closed @ 1,375.93 (-18.42)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $132.19/barrel

NY Spot Gold closed @ $924.20/ounce

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.83%

>  SITEMAP  <

All 3 Majors Advanced On The Week Despite Oil @ $126

All 3 major indexes advanced on the week despite crude oil closing above the $126 per barrel mark. Investors reacted positively to encouraging news related to inflation and retail sales.

For the week, the DJIA gained 240.92 points (+1.89%), the NASDAQ Composite Index added 83.33 (+3.407%), and the S&P 500 Index advanced by 37.07 points (+2.67%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,986.80 (-5.86)

NASDAQ: Closed @ 2,528.85 (-4.88)

S&P 500: Closed @ 1,425.35 (+1.78)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $126.29/barrel

NY Spot Gold closed @ $901.60/ounce

In New York, The U.S. Dollar buys 0.6419 Euros

In New York, The Euro buys 1.5578 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.85%

>  SITEMAP  <

High Crude Prices Contributed to A Decline for Each of the 3 Majors This Week

All 3 major indexes lost value on the week as the price on crude oil for future delivery closed at $125.96 per barrel.

For the week, the DJIA dropped 312.32 points (-2.392%), the NASDAQ Composite Index lost 31.47 (-1.27%), and the S&P 500 Index fell by 25.62 points (-1.812%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,745.88 (-120.90)

NASDAQ: Closed @ 2,445.52 (-5.72)

S&P 500: Closed @ 1,388.28 (-9.40)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $125.96/barrel

NY Spot Gold closed @ $884.00/ounce

In New York, The U.S. Dollar buys 0.6459 Euros

In New York, The Euro buys 1.5482 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.767%

>  SITEMAP  <

All 3 Majors Advanced On The Week As Fed Cut Rates by 25 Basis Points

All 3 major indexes advanced on the week as the Fed cut short-term rates by an expected 25 basis points.

For the week, the DJIA added 166.34 points (+1.29%), the NASDAQ Composite Index gained 54.06 (+2.231%), and the S&P 500 Index rose by 16.06 points (+1.149%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,058.20 (+48.20)

NASDAQ: Closed @ 2,476.99 (-3.72)

S&P 500: Closed @ 1,413.90 (+4.56)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $116.32/barrel

NY Spot Gold closed @ $855.60/ounce

In New York, The U.S. Dollar buys 0.6484 Euros

In New York, The Euro buys 1.5424 U.S. Dollars

The Federal Funds Target Rate is 2.00%

10-Year Treasury Note Yield is currently @ 3.845%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indexes advanced on the week despite crude oil closing above $118 per barrel and a dispiriting report on consumer sentiment.

For the week, the DJIA added 42.50 points (+0.331%), the NASDAQ Composite Index gained 19.96 (+0.831%), and the S&P 500 Index rose by 7.51 points (+0.54%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,891.86 (+42.91)

NASDAQ: Closed @ 2,422.93 (-5.99)

S&P 500: Closed @ 1,397.84 (+9.02)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $118.52/barrel

NY Spot Gold closed @ $886.00/ounce

In New York, The U.S. Dollar buys 0.6398 Euros

In New York, The Euro buys 1.563 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.866%

>  SITEMAP  <

All 3 Majors Gained Over 4 Percent On The Week

Each of the 3 major indexes gained more than 4% on the week despite crude oil for future delivery closing at more than $116 per barrel today.

For the week, the DJIA added 523.94 points (+4.251%), the NASDAQ Composite Index gained 112.73 (+4.922%), and the S&P 500 Index rose by 57.50 points (+4.314%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,849.36 (+228.87)

NASDAQ: Closed @ 2,402.97 (+61.14)

S&P 500: Closed @ 1,390.33 (+24.77)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $116.69/barrel

NY Spot Gold closed @ $916.20/ounce

In New York, The U.S. Dollar buys 0.6327 Euros

In New York, The Euro buys 1.5806 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.743%

>  SITEMAP  <

All 3 Majors Lost Over 2 Percent On The Week

Each of the 3 major indexes lost more than 2% on the week. Crude oil for future delivery closed above the $110 per barrel mark.

For the week, the DJIA lost 284.00 points (-2.252%), the NASDAQ Composite Index lost 80.74 (-3.405%), and the S&P 500 Index lost 37.57 points (-2.742%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,325.42 (-256.56)

NASDAQ: Closed @ 2,290.24 (-61.46)

S&P 500: Closed @ 1,332.83 (-27.72)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $110.14/barrel

NY Spot Gold closed @ $924.90/ounce

In New York, The U.S. Dollar buys 0.6325 Euros

In New York, The Euro buys 1.581 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.471%

>  SITEMAP  <

All 3 Majors Advanced by More Than 3 Percent On The Week

Each of the 3 major indexes gained more than 3% on the week despite news that nonfarm payrolls declined by 80,000 last month and the unemployment rate rose to 5.1%.

For the week, the DJIA added 393.02 points (+3.217%), the NASDAQ Composite Index gained 109.80 (+4.856%), and the S&P 500 Index gained 55.18 points (+4.195%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,609.42 (-16.61)

NASDAQ: Closed @ 2,370.98 (+7.68)

S&P 500: Closed @ 1,370.40 (+1.09)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $106.23/barrel

NY Spot Gold closed @ $913.70/ounce

In New York, The U.S. Dollar buys 0.6354 Euros

In New York, The Euro buys 1.5738 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.481%

>  SITEMAP  <

All 3 Majors Advanced On The Week

News that consumer spending increased by a tepid 0.1% last month contributed to declines for each of the 3 major indexes today. On the week, both the Dow Jones Industrial Average (DJIA) and the S&P 500 Index declined, while the NASDAQ Composite advanced.

For the week, the DJIA lost 144.92 points (-1.172%), the NASDAQ Composite Index gained 3.07 (+0.136%), and the S&P 500 Index lost 14.29 points (-1.075%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,216.40 (-86.06)

NASDAQ: Closed @ 2,261.18 (-19.65)

S&P 500: Closed @ 1,315.22 (-10.54)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $105.62/barrel

NY Spot Gold closed @ $930.90/ounce

In New York, The U.S. Dollar buys 0.6331 Euros

In New York, The Euro buys 1.5796 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.466%

>  SITEMAP  <

All 3 Majors Advanced On The Week

Each of the 3 major indexes enjoyed strong gains on the 4-day trading week. Wall Street was expecting the Fed to cut short-term rates by 100 basis points on Tuesday, but the FOMC opted instead for 75. The shallower-than-expected cut to interest rates helped to strengthen the dollar and caused commodities like gold and crude oil to decline. For the week, crude oil for future delivery fell by $8.37 (7.595%) to close at $101.84 per barrel, while New York Spot Gold declined by $92.40 (9.217%) to finish at $910.10 per ounce.

For the week, the DJIA gained 410.23 points (+3.433%), the NASDAQ Composite Index gained $45.62 (+2.062%), and the S&P 500 Index added 41.37 points (+3.212%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,361.32 (+261.66)

NASDAQ: Closed @ 2,258.11 (+48.15)

S&P 500: Closed @ 1,329.51 (+31.09)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $101.84/barrel

NY Spot Gold closed @ $910.10/ounce

In New York, The U.S. Dollar buys 0.648 Euros

In New York, The Euro buys 1.5432 U.S. Dollars

The Federal Funds Target Rate is 2.25%

10-Year Treasury Note Yield is currently @ 3.328%

>  SITEMAP  <

On The Week: DJIA Advanced, S&P 500 Declined and The NASDAQ Composite Moved Sideways

For the week, the Dow Jones Industrial Average (DJIA) advanced, the S&P 500 Index declined while the NASDAQ Composite was unchanged as commodities like crude oil and gold surged. Crude oil for future delivery ended the week at $110.21 per barrel, while New York Spot Gold finished at $1,002.50 per ounce.

For the week, the DJIA gained 57.40 points (+0.483%), the NASDAQ Composite Index was unchanged (+0.00%), and the S&P 500 Index declined by 5.23 points (-0.404%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,951.09 (-194.65)

NASDAQ: Closed @ 2,212.49 (-51.12)

S&P 500: Closed @ 1,288.14 (-27.34)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $110.21/barrel

NY Spot Gold closed @ $1,002.50/ounce

In New York, The U.S. Dollar buys 0.638 Euros

In New York, The Euro buys 1.5674 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.421%

>  SITEMAP  <

All 3 Majors Declined On Both The Day and The Week On Bleak Jobs Report

All 3 major indexes lost ground on both the day and the week. The week began with discouraging news related to U.S. manufacturing, and ended with a dismal jobs report. Crude oil for future delivery ended the week at $105.15 per barrel, while the price on New York Spot Gold eased a bit.

For the week, the DJIA lost 372.70 points (-3.038%), the NASDAQ Composite Index fell by 58.99 points (-2.597%), and the S&P 500 Index declined by 37.26 points (-2.80%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 11,893.69 (-146.70)

NASDAQ: Closed @ 2,212.49 (-8.01)

S&P 500: Closed @ 1,293.37 (-10.97)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $105.15/barrel

NY Spot Gold closed @ $972.40/ounce

In New York, The U.S. Dollar buys 0.6512 Euros

In New York, The Euro buys 1.5356 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.541%

>  SITEMAP  <

All 3 Majors Declined On Both The Day and The Week

All 3 major indexes lost ground on both the day and the week. Stocks were dragged down by discouraging reports on jobs, new and existing home sales, new orders for durable goods, consumer confidence and consumer sentiment. Insurance behemoth American International Group (AIG), a Dow Jones Industrial Average (DJIA) component, reported loses of $5.29 billion for Q4, 2007. Crude oil for future delivery ended the week at $101.84 per barrel, while New York Spot Gold closed at $974.30 per ounce.

For the week, the DJIA lost 114.63 points (-0.926%), the NASDAQ Composite Index fell by 31.87 points (-1.384%), and the S&P 500 Index declined by 22.48 points (-1.661%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,266.39 (-315.79)

NASDAQ: Closed @ 2,271.48 (-60.09)

S&P 500: Closed @ 1,330.63 (-37.05)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $101.84/barrel

NY Spot Gold closed @ $974.30/ounce

In New York, The U.S. Dollar buys 0.6588 Euros

In New York, The Euro buys 1.518 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.53%

>  SITEMAP  <

DJIA and The S&P 500 Advanced On The Week

The Dow Jones Industrial Average (DJIA) and the S&P 500 Index both advanced on the 4-day trading week, while the NASDAQ Composite declined. Key commodities advanced: NY Spot Gold closed at $944.60 per ounce while crude oil for future delivery, which surpassed the $100 per barrel threshold this week, closed at $98.81 today.

For the week, the DJIA added 32.81 points (+0.266%), the NASDAQ Composite Index lost 18.45 points (-0.795%), and the S&P 500 Index added 3.12 points (+0.231%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,381.02 (+96.72)

NASDAQ: Closed @ 2,303.35 (+3.57)

S&P 500: Closed @ 1,353.11 (+10.58)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $98.81/barrel

NY Spot Gold closed @ $944.60/ounce

In New York, The U.S. Dollar buys 0.6744 Euros

In New York, The Euro buys 1.4828 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.79%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indices advanced on the week thanks in part to a surprisingly healthy retail sales report and news that the nation's trade deficit improved at the end of last year. Crude oil prices edged higher, while NY Spot Gold got cheaper.

For the week, the DJIA added 166.08 points (+1.363%), the NASDAQ Composite Index gained 16.95 points (+0.735%), and the S&P 500 Index added 18.70 points (+1.405%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,348.21 (-28.77)

NASDAQ: Closed @ 2,321.80 (-10.74)

S&P 500: Closed @ 1,349.99 (+1.13)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $95.50/barrel

NY Spot Gold closed @ $901.70/ounce

In New York, The U.S. Dollar buys 0.681 Euros

In New York, The Euro buys 1.4684 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.78%

>  SITEMAP  <

All 3 Majors Lost Over 4 Percent On The Week

Each of the 3 major indexes shed more than 4 percent this week, as recession fears and concerns about the health of bond insurers continued to plagued markets. Commodities like gold and crude oil edged higher.

For the week, the DJIA lost 561.06 points (-4.403%), the NASDAQ Composite Index fell by 108.51 points (-4.496%), and the S&P 500 Index lost 64.81 points (-4.596%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,182.13 (-64.87)

NASDAQ: Closed @ 2,304.85 (+11.82)

S&P 500: Closed @ 1,331.29 (-5.62)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $91.77/barrel

NY Spot Gold closed @ $923.20/ounce

In New York, The U.S. Dollar buys 0.6893 Euros

In New York, The Euro buys 1.4507 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.654%

>  SITEMAP  <

All 3 Majors Advanced On The Day and On The Week Despite Worrisome Jobs Report

All 3 major indices advanced on both the day and the week despite a worrisome employment situation report. Earlier in the week, the Fed cut short-term interest rates by 50 basis points, as expected.

For the week, the DJIA gained 536.02 points (+4.391%), the NASDAQ Composite Index added 87.16 points (+3.747%), and the S&P 500 Index advanced by 64.81 points (+4.871%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,743.19 (+92.83)

NASDAQ: Closed @ 2,413.36 (+23.50)

S&P 500: Closed @ 1,395.42 (+16.87)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $88.96/barrel

NY Spot Gold closed @ $907.90/ounce

In New York, The U.S. Dollar buys 0.6756 Euros

In New York, The Euro buys 1.4802 U.S. Dollars

The Federal Funds Target Rate is 3.0%

10-Year Treasury Note Yield is currently @ 3.6%

>  SITEMAP  <

The DJIA and S&P 500 Advanced On The Week

All 3 major indexes declined today, but the Dow Jones Industrial Average (DJIA) and the S&P 500 managed to advance on the 4-day trading week. Before trading began on Tuesday, the Fed cut short-term rates by 75 basis points, prompted by sharp declines in Asian and European markets. Compared to last week, the price of crude oil for future delivery moved sideways, but New York Spot Gold surged past the $900 per ounce mark.

For the week, the DJIA gained 107.87 points (+0.892%), the NASDAQ Composite Index fell by 13.82 points (-0.591%), and the S&P 500 Index advanced by 5.42 points (+0.409%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,207.17 (-171.44)

NASDAQ: Closed @ 2,326.20 (-34.72)

S&P 500: Closed @ 1,330.61 (-21.46)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $90.71/barrel

NY Spot Gold closed @ $910.50/ounce

In New York, The U.S. Dollar buys 0.6811 Euros

In New York, The Euro buys 1.4682 U.S. Dollars

The Federal Funds Target Rate is 3.50%

10-Year Treasury Note Yield is currently @ 3.584%

>  SITEMAP  <

All 3 Majors Lost Over 4% On The Week

Each of the 3 major indexes lost over 4% on the week, despite a rise in consumer sentiment and the announcement of a $145 billion tax relief-oriented economic stimulus package. The price on both crude oil for future delivery and New York Spot Gold eased.

For the week, the DJIA lost 507.0 points (-4.022%), the NASDAQ Composite Index fell by 99.92 points (-4.095%), and the S&P 500 Index fell by 75.83 points (-5.412%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,099.30 (-59.91)

NASDAQ: Closed @ 2,340.02 (-6.88)

S&P 500: Closed @ 1,325.19 (-8.06)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $90.57/barrel

NY Spot Gold closed @ $880.50/ounce

In New York, The U.S. Dollar buys 0.6839 Euros

In New York, The Euro buys 1.4622 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 3.648%

>  SITEMAP  <

All 3 Majors Declined On The Day and The Week

News that Bank of America has agreed to buy troubled home-loan giant Countrywide Financial wasn't enough to help the major indexes this week, as all 3 majors declined on both the day and the week. Though crude oil prices eased, New York Spot Gold surged closer to the $900 per ounce mark.

For the week, the DJIA declined by 193.88 points (-1.515%), the NASDAQ Composite Index fell by 64.71 points (-2.584%), and the S&P 500 Index lost 10.61 points (-0.752%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,606.30 (-246.79)

NASDAQ: Closed @ 2,439.94 (-48.58)

S&P 500: Closed @ 1,401.02 (-19.31)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $92.69/barrel

NY Spot Gold closed @ $894.90/ounce

In New York, The U.S. Dollar buys 0.6768 Euros

In New York, The Euro buys 1.4776 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 3.81%

>  SITEMAP  <

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%

>  SITEMAP  <

All 3 Majors Advanced On The Year

All 3 major indexes added value on the year, with substantial price gains for crude oil and gold.

1,147,028,300 shares were traded @ The New York Stock Exchange® today.

For the year, the DJIA gained 801.67 points (+6.432%), the NASDAQ Composite Index added 236.99 points (+9.812%), and the S&P 500 Index gained 50.06 points (+3.53%).

For the year:

• Crude oil for future delivery advanced by $34.93 (+57.215%)
  
  
• New York Spot Gold advanced by $197.30 (+31.022%)
  
  
• Click here to see how each of the 30 DJIA stocks performed this year.
  
  
• Click here for the best and worst performing stocks in the S&P 500 Index.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,264.82 (-101.05)

NASDAQ: Closed @ 2,652.28 (-22.18)

S&P 500: Closed @ 1,468.36 (-10.13)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $95.98/barrel

NY Spot Gold closed @ $833.30/ounce

In New York, The U.S. Dollar buys 0.6836 Euros

In New York, The Euro buys 1.4629 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 4.035%

>  SITEMAP  <

All 3 Majors Declined On The Week

All 3 majors lost value on a week capped by a discouraging report on new home sales. Gold and crude oil prices surged, while the dollar lost ground against the euro.

1,036,029,950 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 84.78 points (-0.63%), the NASDAQ Composite Index lost 17.53 points (-0.651%), and the S&P 500 Index fell by 5.97 points (-0.402%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,365.87 (+6.26)

NASDAQ: Closed @ 2,674.46 (-2.33)

S&P 500: Closed @ 1,478.49 (+2.12)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $96.00/barrel

NY Spot Gold closed @ $838.80/ounce

In New York, The U.S. Dollar buys 0.6792 Euros

In New York, The Euro buys 1.4724 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 4.096%

>  SITEMAP  <

All 3 Majors Advanced On The Day and The Week

All 3 majors advanced on both the day and the week, as investors responded bullishly to news that the Federal Reserve will continue pumping money into financial markets via its Term Auction Facility (TAF). Investors were further encouraged by news of robust consumer spending during November.

2,339,851,160 shares were traded @ The New York Stock Exchange® today (quadruple witching.)

For the week, the DJIA gained 110.80 points (+0.831%), the NASDAQ Composite Index added 56.25 points (+2.134%), and the S&P 500 Index added 16.51 points (+1.125%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,450.65 (+205.01)

NASDAQ: Closed @ 2,691.99 (+51.13)

S&P 500: Closed @ 1,484.46 (+24.34)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $93.31/barrel

NY Spot Gold closed @ $811.70/ounce

In New York, The U.S. Dollar buys 0.6954 Euros

In New York, The Euro buys 1.438 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 4.168%

>  SITEMAP  <

All 3 Majors Declined On The Week Despite Fed Rate Cut

Each of the 3 major indexes lost more than 2% on the week despite Tuesday's rate cut by the Fed. Though a 25 basis point cut was expected and delivered, investors nevertheless were disappointed with the Fed's latest monetary policy moves.

1,305,531,170 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 285.73 points (-2.142%), the NASDAQ Composite Index dropped 70.42 points (-2.602%), and the S&P 500 Index lost 36.71 points (-2.44%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,339.85 (-178.11)

NASDAQ: Closed @ 2,635.74 (-32.75)

S&P 500: Closed @ 1,467.95 (-20.46)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $91.27/barrel

NY Spot Gold closed @ $793.10/ounce

In New York, The U.S. Dollar buys 0.693 Euros

In New York, The Euro buys 1.443 U.S. Dollars

The Federal Funds Target Rate is 4.25%

10-Year Treasury Note Yield is currently @ 4.232%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indexes advanced on the week; a rate cut by the Fed is fully expected for December 11.

1,205,121,990 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 253.86 points (+1.898%), the NASDAQ Composite Index added 45.20 points (+1.699%), and the S&P 500 Index gained 23.52 points (+1.588%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,625.58 (+5.69)

NASDAQ: Closed @ 2,706.16 (-2.87)

S&P 500: Closed @ 1,504.66 (-2.68)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $88.28/barrel

NY Spot Gold closed @ $794.40/ounce

In New York, The U.S. Dollar buys 0.6822 Euros

In New York, The Euro buys 1.4658 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 4.12%

>  SITEMAP  <

All 3 Majors Advanced On The Week As Crude Drops Below $89

All 3 major indexes advanced on the week as crude oil for future delivery dropped below the $89 mark. Stocks enjoyed gains thanks in no small part to cheaper crude and forecasts that the Fed will probably cut the benchmark Fed Funds Target Rate on December 11^TH.

1,928,127,590 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 390.84 points (+3.011%), the NASDAQ Composite Index added 64.36 points (+2.479%), and the S&P 500 Index gained 40.44 points (+2.807%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,371.72 (+59.99)

NASDAQ: Closed @ 2,660.96 (-7.17)

S&P 500: Closed @ 1,481.14 (+11.42)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $88.71/barrel

NY Spot Gold closed @ $783.10/ounce

In New York, The U.S. Dollar buys 0.6834 Euros

In New York, The Euro buys 1.4633 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 3.972%

>  SITEMAP  <

All 3 Majors Gained On The Day, But Declined On The Week

All 3 major indexes advanced on the day, but all 3 shed points on the 4-day trading week, as crude oil and gold prices surged.

670,463,230 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 195.91 points (-1.487%), the NASDAQ Composite Index lost 40.64 points (-1.541%), and the S&P 500 Index fell by 18.04 points (-1.237%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 12,980.88 (+181.84)

NASDAQ: Closed @ 2,596.60 (+34.45)

S&P 500: Closed @ 1,440.70 (+23.93)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $98.18/barrel

NY Spot Gold closed @ $821.60/ounce

In New York, The U.S. Dollar buys 0.674 Euros

In New York, The Euro buys 1.4838 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 4.012%

>  SITEMAP  <

All 3 Majors Advanced On The Day and On The Week

All 3 major indices advanced on the both the day and the week, while both crude oil and gold prices eased.

1,767,214,980 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 134.05 points (+1.028%), the NASDAQ Composite Index added 9.30 points (+0.354%), and the S&P 500 Index gained 5.04 points (+0.347%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,176.79 (+66.74)

NASDAQ: Closed @ 2,637.24 (+18.73)

S&P 500: Closed @ 1,458.74 (+7.59)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $93.84/barrel

NY Spot Gold closed @ $785.40/ounce

In New York, The U.S. Dollar buys 0.6821 Euros

In New York, The Euro buys 1.4662 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 4.15%

>  SITEMAP  <

All 3 Majors Declined As Large Banks Predict A Dismal Fourth Quarter

All 3 major indexes declined on the both the day and the week, as subprime debt and credit market turmoil continue to wreak havoc on financial stocks. Large banks including the Bank of America, Wachovia and JP Morgan Chase reported that fourth-quarter losses should be expected. The dollar continued to decline against the euro, while the cost of crude oil and gold continued to rise.

1,826,243,750 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 552.36 points (-4.06%), the NASDAQ Composite Index lost 182.44 points (-6.49%), and the S&P 500 Index lost 55.95 points (-3.71%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,042.74 (-223.55)

NASDAQ: Closed @ 2,627.94 (-68.06)

S&P 500: Closed @ 1,453.70 (-21.07)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $96.32/barrel

NY Spot Gold closed @ $832.10/ounce

In New York, The U.S. Dollar buys 0.6813 Euros

In New York, The Euro buys 1.4678 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 4.225%

>  SITEMAP  <

Only The NASDAQ Composite Advanced On The Week

Only the NASDAQ Composite Index advanced on the week, despite a Halloween rate cut by the Fed, as investors bailed out of financial stocks that may be headed for subprime-related woes. The dollar continued to decline against the euro, while the cost crude oil and gold continued to rise.

1,718,451,440 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 211.60 points (-1.53%), the NASDAQ Composite Index added 6.19 points (+0.22%), and the S&P 500 Index lost 25.63 points (-1.67%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,595.10 (+27.23)

NASDAQ: Closed @ 2,810.38 (+15.55)

S&P 500: Closed @ 1,509.65 (+1.21)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $95.93/barrel

NY Spot Gold closed @ $806.00/ounce

In New York, The U.S. Dollar buys 0.6894 Euros

In New York, The Euro buys 1.4504 U.S. Dollars

The Federal Funds Target Rate is 4.50%

10-Year Treasury Note Yield is currently @ 4.291%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indices advanced on the day and the week as investors traded with the knowledge that the Fed will likely cut short-term interest rates next week. The dollar continued to decline against the euro and other major currencies, while crude oil and gold continued upward.

1,405,828,680 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 284.68 points (+2.105%), the NASDAQ Composite Index added 79.03 points (+2.9%), and the S&P 500 Index gained 34.65 points (+2.309%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,806.70 (+134.78)

NASDAQ: Closed @ 2,804.19 (+53.33)

S&P 500: Closed @ 1,535.28 (+20.88)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $91.86/barrel

NY Spot Gold closed @ $783.50/ounce

In New York, The U.S. Dollar buys 0.6948 Euros

In New York, The Euro buys 1.4394 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.389%

>  SITEMAP  <

All 3 Majors Declined Sharply On The Week

Today, on the twentieth anniversary of the 1987 stock market crash, all 3 major indexes declined sharply. Investors moved money to the safety of government bonds in response to lackluster earnings reports and concerns that global credit markets haven't fully recovered from the summer's credit crunch. The dollar continued to decline against the euro and other major currencies, while crude oil and gold continued upward.

1,795,585,720 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 571.06 points (-4.05%), the NASDAQ Composite Index lost 80.52 points (-2.87%), and the S&P 500 Index lost 61.17 points (-3.92%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,522.02 (-366.94)

NASDAQ: Closed @ 2,725.16 (-74.15)

S&P 500: Closed @ 1,500.63 (-39.45)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $88.60/barrel

NY Spot Gold closed @ $763.60/ounce

In New York, The U.S. Dollar buys 0.6992 Euros

In New York, The Euro buys 1.4302 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.401%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indexes advanced on the week, helped in part by an encouraging report on retail sales. The price on a barrel of crude oil for future delivery closed at $83.69 while the dollar got weaker against the euro.

1,099,772,770 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 27.07 points (+0.192%), the NASDAQ Composite Index added 25.36 points (+0.912%), and the S&P 500 Index gained 4.21 points (+0.27%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 14,093.08 (+77.96)

NASDAQ: Closed @ 2,805.68 (+33.48)

S&P 500: Closed @ 1,561.80 (+7.39)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $83.69/barrel

NY Spot Gold closed @ $748.10/ounce

In New York, The U.S. Dollar buys 0.7053 Euros

In New York, The Euro buys 1.4178 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.687%

>  SITEMAP  <

All 3 Majors Advanced On A Positive Jobs Report

All 3 major indexes advanced on the week: investors reacted bullishly to this morning's jobs report, as the encouraging numbers could mean that the U.S. economy isn't headed for a recession. The price on a barrel of crude oil for future delivery eased, but remained above the $81 mark.

1,258,787,720 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 170.38 points (+1.226%), the NASDAQ Composite Index added 78.82 points (+2.918%), and the S&P 500 Index gained 30.84 points (+2.02%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 14,066.01 (+91.70)

NASDAQ: Closed @ 2,780.32 (+46.75)

S&P 500: Closed @ 1,557.59 (+14.75)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $81.22/barrel

NY Spot Gold closed @ $741.30/ounce

In New York, The U.S. Dollar buys 0.7075 Euros

In New York, The Euro buys 1.4134 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.64%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indices advanced on the week as the price on a barrel of crude oil for future delivery crept upward and the dollar continued to lose ground against the euro.

1,345,442,350 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 75.44 points (+0.546%), the NASDAQ Composite Index added 30.28 points (+1.134%), and the S&P 500 Index gained 1.00 point (+0.066%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,895.63 (-17.31)

NASDAQ: Closed @ 2,701.50 (-8.09)

S&P 500: Closed @ 1,526.75 (-4.63)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $81.66/barrel

NY Spot Gold closed @ $743.10/ounce

In New York, The U.S. Dollar buys 0.7009 Euros

In New York, The Euro buys 1.4268 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.579%

>  SITEMAP  <

All 3 Majors Advanced On The Week Thanks to Aggressive Rate Cut by The Fed

Each of the 3 major indexes gained more than two percent this week thanks in no small part to an aggressive, 50 basis point rate cut by the Fed. Crude oil and gold surged, and the dollar lost ground against key currencies like the euro and the Canadian dollar.

2,080,329,040 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 377.67 points (+2.81%), the NASDAQ Composite Index added 69.04 points (+2.653%), and the S&P 500 Index gained 41.50 points (+2.796%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,820.19 (+53.49)

NASDAQ: Closed @ 2,671.22 (+16.93)

S&P 500: Closed @ 1,525.75 (+7.00)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $81.62/barrel

NY Spot Gold closed @ $731.00/ounce

In New York, The U.S. Dollar buys 0.7097 Euros

In New York, The Euro buys 1.4091 U.S. Dollars

The Federal Funds Target Rate is 4.75%

10-Year Treasury Note Yield is currently @ 4.632%

>  SITEMAP  <

All 3 Majors Gained for The Week On Anticipated Rate Cut by The Fed

All 3 major indexes advanced this week, despite crude oil finishing above $79 per barrel, as investors got bullish in anticipation of an expected rate cut by the Fed next week. The price on NY Spot gold closed above the $708 mark.

1,205,539,300 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 329.14 points (+2.51%), the NASDAQ Composite Index added 36.48 points (+1.422%), and the S&P 500 Index gained 30.70 points (+2.112%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,442.52 (+17.64)

NASDAQ: Closed @ 2,602.18 (+1.12)

S&P 500: Closed @ 1,484.25 (+0.30)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $79.10/barrel

NY Spot Gold closed @ $708.60/ounce

In New York, The U.S. Dollar buys 0.7207 Euros

In New York, The Euro buys 1.3876 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.462%

>  SITEMAP  <

All 3 Majors Declined On The Week

All 3 major indices shed points this week thanks in no small part to a weak August jobs report. Many on Wall Street shifted their money to the safety of U.S. treasuries: the yield on the 10-year treasury note fell to 4.368%. The price on NY Spot gold surged passed the $700 mark. Crude oil for future delivery closed at $76.70 per barrel.

1,461,574,720 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 244.36 points, the NASDAQ Composite Index fell by 30.66 points, and the S&P 500 Index lost 20.44 points.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,113.38 (-249.97)

NASDAQ: Closed @ 2,565.70 (-48.62)

S&P 500: Closed @ 1,453.55 (-25.00)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $76.70/barrel

NY Spot Gold closed @ $700.10/ounce

In New York, The U.S. Dollar buys 0.7263 Euros

In New York, The Euro buys 1.3768 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.368%

>  SITEMAP  <

The NASDAQ Composite was The Only Major To Advance On The Week

The NASDAQ Composite was the only one of the 3 major indexes to advance this week, despite a Bernanke-inspired rally on Friday: the futures market is still pricing in 100% odds that the Fed will cut short-term rates on September 18. Crude oil for future delivery closed at $74.04 per barrel.

1,394,383,190 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 21.13 points, the NASDAQ Composite Index added 19.67 points (+0.763%), and the S&P 500 Index lost 5.38 points.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,357.74 (+119.01)

NASDAQ: Closed @ 2,596.36 (+31.06)

S&P 500: Closed @ 1,473.99 (+16.35)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $74.04/barrel

NY Spot Gold closed @ $673.20/ounce

In New York, The U.S. Dollar buys 0.7337 Euros

In New York, The Euro buys 1.363 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.537%

>  SITEMAP  <

Each of The 3 Majors Gained Over 2% This Week

Each of the 3 major indices gained more than 2% this week, as credit market concerns eased. The Dow Jones Industrial Average (DJIA) added 143 points today on positive reports related to housing and manufacturing. Crude oil for future delivery closed at $71.09 per barrel.

1,188,284,910 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 299.79 points (+2.292%), the NASDAQ Composite Index added 71.66 points (+2.861%), and the S&P 500 Index added 33.43 points (+2.312%)

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,378.87 (+142.99)

NASDAQ: Closed @ 2,576.69 (+34.99)

S&P 500: Closed @ 1,479.37 (+16.87)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $71.09/barrel

NY Spot Gold closed @ $667.40/ounce

In New York, The U.S. Dollar buys 0.7312 Euros

In New York, The Euro buys 1.3676 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.633%

>  SITEMAP  <

All 3 Majors Declined On The Week On Continued Heartburn In The Credit Markets

All 3 major indexes declined on the week despite a strong, Fed-inspired finish today, as problems in corporate credit markets continued to spook investors. Early this morning, the Federal Reserve cut the Discount Rate from 6.25% to 5.75%, and signaled that the Federal Open Market Committee (FOMC) is prepared to cut the benchmark Fed Funds Target Rate at the next FOMC monetary policy meeting, if necessary.

2,479,483,340 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 160.46 points, the NASDAQ Composite Index declined by 39.86 points, and the S&P 500 Index lost 7.70 points.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,079.08 (+233.30)

NASDAQ: Closed @ 2,505.03 (+53.96)

S&P 500: Closed @ 1,445.94 (+34.67)

----------------------------------------------------------

NYMEX Crude Oil Future closed @ $71.98/barrel

NY Spot Gold closed @ $656.30/ounce

In New York, The U.S. Dollar buys 0.7421 Euros

In New York, The Euro buys 1.3475 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.673%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indexes added points this week. Crude oil for future delivery fell to $71.47 per barrel.

2,530,994,250 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 57.63 points (+0.437%), the NASDAQ Composite Index added 33.64 points (+1.34%), and the S&P 500 Index added 20.58 points (+1.436%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,239.54 (-31.14)

NASDAQ: Closed @ 2,544.89 (-11.60)

S&P 500: Closed @ 1,453.64 (+0.55)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $71.47/barrel

NY Spot Gold closed @ $670.40/ounce

In New York, The U.S. Dollar buys 0.7303 Euros

In New York, The Euro buys 1.3693 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.776%

>  SITEMAP  <

All 3 Majors Declined On The Week

All 3 major indices declined on a week capped by a soft jobs report. Crude oil for future delivery fell to $75.48 per barrel. The yield on the ten-year treasury note fell to 4.7%

2,118,853,290 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 83.56 points, the NASDAQ Composite Index lost 50.99 points, and the S&P 500 Index lost 25.89 points.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,181.91 (-281.42)

NASDAQ: Closed @ 2,511.25 (-64.73)

S&P 500: Closed @ 1,433.06 (-39.14)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $75.48/barrel

NY Spot Gold closed @ $672.70/ounce

In New York, The U.S. Dollar buys 0.726 Euros

In New York, The Euro buys 1.3774 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.700%

>  SITEMAP  <

Each of The 3 Major Indexes Lost Over 4% This Week

All 3 major indices lost over 4% this week, as investors got anxious about the state of the market for large corporate loans and news that the market for new and used homes hasn't improved. Crude oil for future delivery ended the week at $77.02 per barrel. The yield on the ten-year treasury note fell to 4.788% while the dollar gained some ground against the euro.

2,010,098,840 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 585.61 points, the NASDAQ Composite Index lost 125.36 points, and the S&P 500 Index lost 75.15 points.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,265.47 (-208.10)

NASDAQ: Closed @ 2,562.24 (-37.10)

S&P 500: Closed @ 1,458.95 (-23.71)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $77.02/barrel

NY Spot Gold closed @ $659.50/ounce

In New York, The U.S. Dollar buys 0.7335 Euros

In New York, The Euro buys 1.3634 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.788%

>  SITEMAP  <

Dow + S&P 500 Closed with Record Highs on Thursday, but All 3 Majors Closed Lower On The Week

The Dow Jones Industrial Average (DJIA) and the S&P 500 both set record-high closing values this week, but all 3 major indexes declined for the five-day period. The DJIA closed above the 14,000 mark for the first time on Thursday. Crude oil for future delivery ended the week at $75.79 per barrel. The yield on the ten-year treasury note fell to 4.956% while the dollar continued to lose ground against the euro.

1,995,447,040 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA lost 56.17 points, the NASDAQ Composite Index lost 19.40 points, and the S&P 500 Index lost 18.40 points.

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,851.08 (-149.33)

NASDAQ: Closed @ 2,687.60 (-32.44)

S&P 500: Closed @ 1,534.10 (-18.98)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $75.79/barrel

NY Spot Gold closed @ $683.50/ounce

In New York, The U.S. Dollar buys 0.7229 Euros

In New York, The Euro buys 1.3834 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.956%

>  SITEMAP  <

All 3 Majors Added Points On The Week

All 3 major indexes added points this week despite crude oil for future delivery ending the week at $73.93 per barrel. The yield on the ten-year treasury note eased to 5.107% while the dollar continued to lose ground against the euro.

1,345,349,480 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 295.57 points (+2.171%), the NASDAQ Composite Index gained 40.49 points (+1.518%), and the S&P 500 Index added 22.06 points (+1.441%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,907.25 (+45.52)

NASDAQ: Closed @ 2,707.00 (+5.27)

S&P 500: Closed @ 1,552.50 (+4.80)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $73.93/barrel

NY Spot Gold closed @ $666.00/ounce

In New York, The U.S. Dollar buys 0.7255 Euros

In New York, The Euro buys 1.3783 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 5.107%

>  SITEMAP  <

All 3 Majors Advanced On The Week

All 3 major indexes advanced on the 4-day trading week, despite crude oil for future delivery finishing at $72.81 per barrel. The yield on the ten-year treasury note ended the week at 5.195% while the dollar weakened against the euro.

1,250,853,020 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA added 203.06 points (+1.514%), the NASDAQ Composite Index gained 63.28 points (+2.431%), and the S&P 500 Index added 27.09 points (+1.802%).

Summary of The U.S. Markets for Today:

----------------------------------------------------------

DJIA: Closed @ 13,611.68 (+45.84)

NASDAQ: Closed @ 2,666.51 (+9.86)

S&P 500: Closed @ 1,530.44 (+5.04)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $72.81/barrel

NY Spot Gold closed @ $652.50/ounce

In New York, The U.S. Dollar buys 0.7338 Euros

In New York, The Euro buys 1.3628 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 5.195%

>  SITEMAP  <