Sunday, October 15, 2006

The week in review

  • DJIA rose a respectable 110.30 points, 0.93% and closed Friday at 11,960.51. Flirtin' with 12,000.
  • Nasdaq Composite 57.30 points, a really healthy 2.49% and finished off the week at 2357.29..
  • S & P 500 was up 16.04 for the week, a 1.19% gain, and closed at 1365.62 Friday.
  • 10-year Treasury yield increased 0.106 percentage points to 4.806%. It was a pretty lousy week for treasuries but if you're looking to refinance that ARM, 10-year Treasury yields will be under 4.50% by spring.
  • Crude oil fell another $1.19 in spite of a rally Friday. Down 1.99% to $58.57.
European stocks hit 5-year highs on Friday and Japanese stocks rallied as well. Markets in India and Singapore also rose to records. Gee, a bit of a global bull, isn't it?

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