GO
Loading...

The Dow, S&P and NASDAQ are all up for the week,S&P and NASDAQ up for the Month.

Friday, 30 May 2008 | 4:35 PM ET

With the exception of the Dow Jones Industrial Average, the major U.S. indices ended up for the month. The NASDAQ reached its third-consecutive monthly gain advancing 4.55% in May. Marvell Technology Group led the NASDAQ 100, with a gain of 34% for the month, and 20% for the week. The Dow Jones Industrial worst performer was General Motors down 26% in May.

All the S&P 500 sectors ended in positive territory, with the exception of the Financial sector. For the month, the Information Technology sector led the gains rising 5.46%, closely followed by the Materials sector up 4.61%. Compuware was the best performer in the S&P Information Technology rising 35% in May, while Alcoa led the way in the Materials sector with a gain of nearly 17%. The S&P Financial sector declined 6.4% for the month, with Ambac Financial shedding 34% in May.

Despite this week’s decline in crude oil prices, the energy market led commodities, with July heating-oil future contracts at the NYMEX rising over 15% for the month. After hitting an all-time high of $135.09 per barrel last week, July crude oil futures at the NYMEX closed at $127.47 per barrel, down 3.66% for the week. July rough rice future contracts at the CBOT declined 12.30% for the month, but are still up over 37% year-to-date.

The U.S. dollar index rose for the second consecutive month advancing 0.51% in May



  Price   Change %Change
AA
---
CPWR
---
MRVL
---
GM
---

Featured