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Market Update For Week Ending 4/18/2008 |
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Market Update For Week Ending 4/18/2008 | Index | Close | Net Change | % Change | YTD | YTD % |
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| DJIA | 12,849.36 | +523.94 | 4.25 | -415.46 | -3.13 | | NASDAQ | 2,402.97 | +112.73 | 4.92 | -249.31 | -9.40 | | S&P500 | 1,390.33 | +57.50 | 4.31 | -78.03 | -5.31 | | Russell 2000 | 721.07 | +32.91 | 4.78 | -44.96 | -5.87 | | International | 2,116.31 | +30.93 | 1.48 | -137.05 | -6.08 | | 10-year bond | 3.74% | +0.27% | | -0.29% | | | 30-year T-bond | 4.52% | +0.22% | | +0.06% | |
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. stocks basked in a week of sunshine as investors cast off economic fears and earnings disappointments to concentrate on longer-term opportunities. Although trading remained volatile, major indices ended the week up 4% to 5%, while money flowing out of Treasury bonds pushed the associated yields sharply higher. The dollar also gained strength against other global currencies, artificially curbing the effect of a rally in international stocks for U.S.-based investors. For more on recent trading, please read:
http://www.msnbc.msn.com/id/3683270/ A Bittersweet Earnings Season (So Far)
While technology companies in particular won applause on Wall Street for reporting unexpectedly strong financial results, banks and brokerages (as well as consumer-oriented companies) were less fortunate. Who are the winners and the losers? For a round-up of the first week of the new earnings season, please read:
http://money.cnn.com/2008/04/17/markets/thebuzz/index.htm Are Interest Rates Near A Bottom? As the next Federal Reserve monetary policy meeting approaches, many economists are now arguing that the central bank may trim interest rates one more time and then stop. Given pernicious inflationary pressures, rates may in fact be near their lowest. What may happen? For more on what Fed watchers think, please read:
http://www.cnbc.com/id/24200145 |
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