Sunday, June 7, 2009

American markets - week ending 5/6/09

The Dow Jones Industrial Average Actual (DJIAA) closed the week 2.69% higher at 8763.10 from the previous week’s close however, the majority of this rise was accounted for on Monday the 1/6/09 where the DJIAA rose 2.6%. There were four (4) positive days and one (1) negative day with the biggest move for the week being on the Monday.

The NASDAQ Composite closed the week 4.23% higher at 1849.4 from the previous week’s close therefore, significantly outperforming the DJIAA. However, like the DJIAA the majority of this rise occurred during trading on Monday the 1/6/09 where the NASDAQ rose 3.07%. There were three (3) positive days and two (2) negative days, although Friday the 5/6/09 saw a drop of only 0.03% from the previous day’s close.

The S&P 500 Index (SPX) closed the week 2.28% higher at 940.1 from the previous week’s close however, this and more was accounted for by the 2.58% rise on Monday the 1/6/09. There were three (3) positive days and two (2) negative days.

In all the markets in America had a very positive day on Monday the 1/6/09 however, on average were fairly flat for the remainder of the week.

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