The Weekly Wrap: Friday, July 1, 2005
1 July 2005It was a slightly up week for the Markets with the FED raising the target rate a quarter point to 3.1/4% with no change in the policy statement, leaving more rate hikes likely. Consumer confidence rose to its highest level in many years this week while the 10-year note yield rose from 3.91% to 4.03% and oil fell a bit from $59.84 a barrel to $58.75.
| Markets at a Glance | ||||
|---|---|---|---|---|
| Index | Started Week | Ended Week | Weekly Change | Yearly Change |
| DJIA | 10,297.84 | 10,303.44 | 5.60 (+0.10%) | -4.40% |
| Nasdaq | 2053.27 | 2057.37 | 4.10 (+0.20%) | -5.40% |
| S&P 500 | 1191.57 | 1194.44 | 2.87 (+0.20%) | -1.40% |
| Russell 2000 | 630.41 | 643.04 | 12.63 (+2.0%) | -1.30% |
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