9/26/08- Dow Jumps While NASDAQ Falls on Uncertainty

9/27/08 - The Dow climbed 121.07 to close at 11,143.13 while NASDAQ was down 3.23 to close at 2,183.34. the S&P 500 was up 4.09 to close at 1,213.27. Oil was down 1.13 per barrel to close at 106.89. The Ten Year Treasury Note was up .09 to close at 101.25 to push the yield down to 3.84%. The Dollar gained against the Euro by .0021 so that one Euro will be $US 1.46199. Uncertainty regarding the $700 bailout plan caused the mixed result. Bargain hunters were purchasing financial sector stocks. For the week, the Dow was down 245.31; NASDAQ was down 90.56; the S&P 500 was down 43; oil was down $4.14 per barrel, the U.S. Ten Year Treasury Note was down .34 and the Dollar gain .01481 against the Euro. Have a great weekend, signing off from a down week in Atlanta.