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Market Update For Week Ending 6/20/2008 |
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| Market Update For Week Ending 6/20/2008 | Index | Close | Net Change | % Change | YTD | YTD % | | DJIA | 11,842.69 | -464.66 | -3.78 | -1,422.13 | -10.72 | | NASDAQ | 2,406.09 | -48.41 | -1.97 | -246.19 | -9.28 | | S&P500 | 1,317.93 | -42.10 | -3.10 | -150.43 | -10.24 | | Russell 2000 | 725.23 | -8.38 | -1.14 | -40.80 | -5.33 | | International | 1,991.94 | -24.44 | -1.21 | -261.41 | -11.60 | | 10-year bond | 4.14% | -0.12% | | +0.10% | | | 30-year T-bond | 4.70% | -0.10% | | +0.24% | | 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 Stocks fell to their lowest level in months as a weak dollar and lingering economic concerns drove investors to the side lines. Treasurer bonds also suffered. For more on recent market activity, please read: http://biz.yahoo.com/rb/080620/markets_stocks.html?.v=10 Weak Dollar Extends Oil Rally Crude oil rose as the weaker dollar enhanced the appeal of commodities as a currency hedge and the New York Times reported that Israel held a rehearsal for a potential bombing attack on nuclear targets in Iran. For more, please read: http://www.bloomberg.com/apps/news?pid=20601087&sid=a0MJ0CtjqUSc&refer=home Bracing For A Rollercoaster Recovery An economic and housing rebound may be a ways off but Wall Street is already in recovery mode. And that, some market watchers say, might translate into happier times for investors during the second half of the year. For a balanced look of some ohe looks and downs that could in store, please read: http://money.cnn.com/2008/06/20/markets/markets_secondhalf/index.htm?postversion =2008062015 | | | | // Westside Investment Management Advisors are Registered Representative with and offer securities and advisory services through Linsco/Private Ledger (LPL), Member FINRA/SIPC |
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