Saturday, September 30, 2006

The week in review

  • DJIA shot up 170.97 points, 1.49% and closed Friday at 11,679.07. Smokin'!
  • Nasdaq Composite gained 39.50 points, 1.78% and finished off the week at 2258.43.
  • S & P 500 was up 21.07 for the week, a 1.60% gain, and closed at 1335.85 Friday.
  • Crude oil rose $2.36, 3.90% to $62.91. A dead cat bounce?
While the Dow Jones Industrial Average is bumping up against an all time high, many portfolios are still nowhere near records posted in early 2000. The DJIA is a scant 44 points below its peak of 11722.98 that it reached in January of 2000 but it's interesting to note that the S&P 500 is 12% below its record and the Nasdaq is a whopping 55% short of the peak it reached in March of 2000.

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