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Market Update For Week Ending 4/25/2008 |
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Market Update For Week Ending 4/25/2008 | Index | Close | Net Change | % Change | YTD | YTD % |
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| DJIA | 12,891.86 | +42.50 | 0.33 | -372.96 | -2.81 | | NASDAQ | 2,422.93 | +19.96 | 0.83 | -229.35 | -8.65 | | S&P500 | 1,397.84 | +7.51 | 0.54 | -70.52 | -4.80 | | Russell 2000 | 721.88 | +0.81 | 0.11 | -44.15 | -5.76 | | International | 2,135.77 | +19.46 | 0.92 | -117.59 | -5.22 | | 10-year bond | 3.87% | +0.12% | | -0.17% | | | 30-year T-bond | 4.59% | +0.07% | | +0.13% | |
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
Unexpectedly strong corporate earnings and a dearth of new economic disappointments helped U.S. stocks eke out a winning week, with most major indices gaining under 1%. Bond prices deflated as investors with newly revived appetites for risk moved their money out of the Treasury market, pushing the associated yields higher. For more on recent trading activity, please read:
http://money.cnn.com/2008/04/25/markets/markets_newyork/index.htm Shifting Rate Picture Gives Dollar A Boost
The battered dollar surged to a three-week high against the euro this week as investors mulled the odds that the Federal Reserve is near the end of its cycle of lowering interest rates to stimulate the economy. Some pointed to recent commodity inflation, spawned by the weakening dollar, as evidence that rates were unlikely to go much lower. For more on the factors driving currency markets and prices around the world, please read:
http://www.cnbc.com/id/24301287 Too Late To Call The Credit Crisis Over? While credit conditions seem to be thawing, many economists remain convinced that the system of global finance still has plenty of work to do before all the damage is repaired. One voice in the chorus, Treasury Undersecretary Robert Steel, warned of "bumps and fallbacks" ahead but also said he and his colleagues are pleased at the progress so far. For a full discussion of how figures in Washington are weighing in on the economy, please read:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aY590zNcz5as |
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