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Aug.08
5:44 PM ET
Friday, 8 Aug 2008
Quick Market Stats: Week of 8/8
Topics:U.S. Dollar | Commodities | Dow Jones Industrial Average | Nasdaq | Stock Market
Sectors:Oil and Gas
All major U.S. Indices ended the week in positive territory, led by a 4.46% gain in the NASDAQ Composite Index. The NASDAQ was led by SanDisk (SNDK) with a 16% gain for the week, followed by a 14% jump in Sears Holding's (SHLD) shares, and a gain of 14% by Lam Research (LRCX).
The S&P 500 Index was led by the Consumer Discretionary sector, with a gain of 7.72% for the week. Within the Consumer Discretionary sector, Polo Ralph Lauren (RL), Coach (COH), and JC Penney (JCP), gained over 18% for the week.
Commodity prices continued to fall broadly across the board, with oil prices tumbling $9.90 this week, or 7.9% to settle at $115.20 per barrel on Friday. Crude oil is now at its lowest level since May 2, 2008. Crude oil prices are now off by 21% from their record close of $145.29 hit on July 3.
The US dollar rallied against the euro on Friday, appreciating across the board against most major currencies. The Dollar Index broke out of its 200-day moving average, to finish the week up 3.51%.
Bythenumbers.cnbc.com
© 2008 CNBC.com
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