« Expected Earnings Releases for Week of 5/30/05 - C-Citigroup, Inc. Looking Good »

The Weekly Wrap: Saturday, May 28, 2005

28 May 2005
Author: site admin Posted under General

Markets were up this week, but not as much as last week as oil prices rose this week from $46.80 a barrel to $51.85. The 10-year note yield fell again from 4.11% to 4.07%. Of note this week, first quarter real GDP growth was revised upward from a 3.1% annual rate to 3.5% which implies steady growth.

Markets at a Glance
Index Started Week Ended Week Weekly Change Yearly Change
DJIA 10,471.90 10,542.55 +70.64 (+0.70%) -2.20%
Nasdaq 2046.42 2075.73 +29.31 (+1.40%) -4.60%
S&P 500 1189.28 1198.78 +9.50 (+0.80%) -1.10%
Russell 2000 609.41 616.90 +7.49 (+1.20%) -5.30%


Leave a reply

You must be logged in to post a comment.