8/26/08 - Market Mixed on Light Trading

The Dow had a modest gain today of 26.62 to close at 11,412.87 while the S&P 500 gained 4.67 to close at 1,271.51. NASDAQ closed at 2,361.97 down 3.62. Oil was up 1.16 to close at 116.27 per barrel. The Euro lost .01 against the dollar so one Euro will buy $1.46542 US. Ten yr. note was up 1.16 to 116.27 driving the yield down to 3.78. Trading was light. The lackluster day was partly due to the FDIC saying problem institutions had bad assets of $78 billion which was an increase from $26 billion. That's it from Atlanta for today.