Saturday, July 01, 2006

The week in review

  • DJIA gained 161.13 this past week, 1.47% to finish at 11,15022, thanks to some encouraging Fed comments on Thursday.
  • Nasdaq Composite picked up a healthy 50.62 points, 2.39% this past week to finish at 2172.09.
  • S & P 500 gained 25.70, 2.07% and finished the week at 11270.20.
  • 10-year Treasury yield fell 0.083 percentage points to end the week at 5.145%.
  • Crude oil had a big week, increasing in price by 4.32%, that's $3.06 and is now around $73.93/bbl.
My favorite news story of the week comes from just down the hill at Berkeley Ctiy Council's Wednesday evening meeting:
With overwhelming support from Berkeley residents, the Berkeley City Council unanimously passed a resolution Tuesday night to be the first jurisdiction in the United States to let the public vote for the president's impeachment. The measure will appear on the Nov. 7 ballot, at a cost of about $10,000.

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