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The Weekly Wrap: Friday, July 8, 2005

8 July 2005

Well, we had sizable gains given it was shortened holiday week with a major London terrorist attack. Oil prices rose to record levels this week before closing at $59.63, up $0.88 from last weeks close of $58.75. The 10-year note yield fell from 4.10% to 4.03%. Earnings begin to roll in next week and are expected to be good.

Markets at a Glance
Index Started Week Ended Week Weekly Change Yearly Change
DJIA 10,303.44 10,449.14 145.70 (+1.40%) -3.10%
Nasdaq 2057.37 2112.88 55.51 (+2.70%) -2.90%
S&P 500 1194.44 1211.86 17.42 (+1.50%) 0.000%
Russell 2000 643.04 662.14 19.10 (+3.0%) +1.60%


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