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Market 360: The Week's Best & Worst
Published:
Friday, 22 May 2009 | 4:54 PM ET
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Commodity Impact:
Crude oil for July delivery settled at $61.67 per barrel on Friday, after hitting an intraday high of $62.26 on Wednesday, a level not seen in almost 6 months.
Gas Prices: The AAA current national average for regular gas is $2.391 per gallon down 37.59% from a year ago when the average was $3.831 per gallon
-The highest recorded average price by AAA was on 7/17/2008, when the national average was $4.114 per gallon
Gold for June delivery settled at $958.90 on Friday, it's highest close since February 25.
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Currency Impact:
The US dollar fell sharply across the board this week on concerns that the US government-debt AAA-credit rating might be at risk of being downgraded. The pound sterling rallied to a 6 1/2-month high versus the greenback on Friday, while the euro traded as high as $1.4049, its highest level since January 2.
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Global Index Performance led by Asia and Latin America:
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Note: Data based on preliminary numbers. May adjust slightly due to settling at close.
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Data is a real-time snapshot *Data is delayed at least 15 minutes