Wednesday, May 28, 2008

Market data

With high oil prices, risks of negative affects that come from inflation, and the battered consumer sentiment surrounding the current credit crisis, I ask myself if we are in a Bear Market still? Today's market recap is as follows;
The Dow Jones Transportation Average was in the green today by 51.57 points to close at 5311.45 points. The Dow Jones Industrial Average, finished up 45.68 points, at 12594.03. The Nasdaq Composite Index gained 5.46 points, to end at 2486.70. The S&P 500 was up 0.4%, or 5.49 points, to 1390.84. Crude oil finished up $2.18, or 1.7%, at $131.03 a barrel. The dollar was trading up today, with the Euro trading at $1.5615 and the dollar against the Yen was trading at 104.77 Yen. In the Fixed Income Market, Treasuries fell, The price of the 10-year note was down 24/32, yielding 4.015%.

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