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The Weekly Wrap: Saturday, August 6, 2005

6 August 2005

Well it looks like the markets have stalled (summer doldrums?). The FED meets this week with a 1/4 point increase in the fed funds rate likely. That will bring it up to 3.5%. The 10-year bond rate rose from 4.31% to 4.39% and Oil was also up and closed the week at $62.31 a barrel.

Markets at a Glance
Index Started Week Ended Week Weekly Change Yearly Change
DJIA 10,640.91 10,558.03 -82.88 (-0.80%) -2.10%
Nasdaq 2184.83 2177.91 -6.92 (-0.30%) +0.10%
S&P 500 1234.27 1226.42 -7.85 (-0.60%) +1.20%
Russell 2000 679.75 662.79 -16.96 (-2.50%) +1.7%


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