Saturday, September 09, 2006

The week in review

  • DJIA lost 72.04 this week, 0.63% and closed Friday at 11,392.11. A mild pullback.
  • S and P 500 was down 12.09, 0.92% and wrapped up the week at 1298.92.
  • 10-year Treasury yield increased just a tad, 0.051 percentage points to 4.781%. 4.50% is till in our future. Don't refinance that ARM just yet.
  • Crude oil fell another $2.94, 4.25% and stood Friday at $66.25/barrel. Wasn't it only a few weeks ago that pundits were projecting $100?

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