Market Update For Week Ending 3/28/2008 | Index | Close | Net Change | % Change | YTD | YTD % |
|---|
| DJIA | 12,216.40 | -144.80 | -1.17 | -1,048.42 | -7.90 | | NASDAQ | 2,261.18 | +3.07 | 0.14 | -391.10 | -14.75 | | S&P500 | 1,315.22 | -14.29 | -1.07 | -153.14 | -10.43 | | Russell 2000 | 683.18 | +1.76 | 0.26 | -82.85 | -10.82 | | International | 2,045.44 | +92.78 | 4.75 | -207.92 | -9.23 | | 10-year bond | 3.47% | +0.14% | | -0.57% | | | 30-year T-bond | 4.34% | +0.18% | | -0.12% | |
International index is MSCI EAFE index. Bond data reflect net change in yield, not price. Indices are unmanaged and you cannot directly invest in an index.
More market data Market Wrap
U.S. financial markets limped into the end of the gloomiest quarter since 2002 against an economic backdrop that remains ambivalent at best. While the battered Nasdaq and Russell 2000 ended marginally in positive territory, the broad market and blue-chip Dow still shed over 1% as traders locked in profits from the previous week's rally. Bond prices also fell, pushing Treasury yields higher, while the dollar went back on the retreat, magnifying the performance of foreign shares for U.S.-based investors. For more on recent trading activity, please read:
http://www.bloomberg.com/apps/news?pid=20601087&sid=azrdRW0SuC_w Consumer Mood Darkens
One barometer of the larger economic environment, consumer sentiment, fell to its lowest level since 1992 in February, giving investors evidence that as far as the American public is concerned, a recession is already underway. Furthermore, consumers now expect inflation to jump. Meanwhile, retail spending ground nearly to a halt, edging up just 0.1% in February. For more from Main Street, please read:
http://www.msnbc.msn.com/id/23843931/ Looking Toward The Second Quarter After a grueling start to 2008, investors now face another three months of earnings reports, economic data, and surprises. What do market strategists see ahead? For a round-up of the factors that shook the markets over the last three months and a look at what may be lurking over the horizon, please read:
http://money.cnn.com/2008/03/28/markets/markets_1Q/index.htm |
