The Weekly Wrap: Saturday, August 6, 2005
6 August 2005Well 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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