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Market 360: The Week's Best & Worst
Published:
Friday, 29 May 2009 | 5:03 PM ET
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Commodity Impact:
Crude oil settled at $66.31 per barrel, a fresh 6-month high. Oil rose nearly 30% in May, for its biggest monthly gain since March 1999.
Gas Prices: The AAA current national average for regular gas is $2.467 per gallon down 37.58% from a year ago when the average was $3.952 per gallon
-The highest recorded average price by AAA was on 7/17/2008, when the national average was $4.114 per gallon
Silver prices rallied over 26% in May, for their best monthly gain since April 1987.
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Currency Impact:
The US dollar lost ground versus most major currencies this month on rising risk appetite among investors, and concerns over inflationary effects due to the expanding US government debt. The euro rose to its highest level this year, trading as high as $1.4165 late Friday. The pound sterling was on pace for its biggest percent gain since March 1985, up 9.4% in May.
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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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© 2009 CNBC.com
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Data is a real-time snapshot *Data is delayed at least 15 minutes