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By Staff Reporters
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Stock Market Last Week
The major indexes tried to bounce at various points last week, but ultimately fell solidly for the week, right at bear market lows.
The Dow Jones Industrial Average skidded 2.9% in last week’s stock market trading.
The S&P 500 index also retreated 2.9%. The NASDAQ composite lost 2.7%.
The small-cap Russell 2000 gave up 1.4%. For September, the Dow lost 8.8%, the S&P 500 9.3%, the NASDAQ 10.5% and the Russell 2000 10.1%.
The 10-year Treasury yield rose 11 basis points in the past week to 3.81%. The yield backed off after topping 4% early Wednesday morning, but rebounded from Friday’s lows. The 10-year Treasury yield has risen for nine straight weeks.
U.S. crude oil futures rose 1% to $79.49 a barrel in the past week, even with Friday’s 2.1% loss.
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Filed under: Alerts Sign-Up, Alternative Investments, LifeStyle | Tagged: DJIA, markets, NASDAQ, Treasury, Treasury Yields and Oil, Yields |
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