Wednesday, April 30, 2008

Market Recap

Overall, S&P posted a gain of 5.9% for month of April, and the Dow ended with a monthly gain of 4.5%.


Todays action included: S&P 500 Index: (-5.43) to settle at 1385.59.

Dow Jones Industrial average: (-11.81) to settle at 12820.13.

Dow Jones Transports: (-41.03) to settle at 5168.13.

Nasdaq Composite: (-13.30) to settle at 2412.80.

Crude Oil: (-1.03) to settle at 113.46.

USD/YEN: Today---103.90; yesterday---104.50

Euro/USD: Today----1.5619; yesterday---1.5565

QQQQ: (-0.39) to close at $47.21.

SPY: (-0.68) to close at $138.40.

IWM: (-0.34) to close at $71.40.

AAPL: (-1.10) to close at $173.95.

POT: (+2.46) to close at $183.95.

Treasurys, (Yields, which are inversely related to prices, were all RED today, means that prices on Treasurys were green today)

2 year Note: 2.266

5 Year Note: 3.020

10 year Note: 3.734

30 Year Bond: 4.477

The U.S. economy grew at an annual rate of 0.6% for the first quarter of 2008.

MPM

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