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Market 360: The Week's Best & Worst
Published:
Thursday, 2 Jul 2009 | 4:53 PM ET
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Commodity Impact:
- Crude oil for August delivery closed at $66.73 per barrel on Thursday, down 3.51% for the week.
- Prices of US light, sweet crude at the NYMEX are up 98.90% from their lowest close this year of $33.55 reached on February 12.
- As per the AAA, the national average price of regular gasoline is at $2.629 per gallon, down 36.10% from its record high of $4.114 reached on July 17 last year.
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Currencies Impact: The US dollar rose against most major currencies on Thursday, after a disappointing jobs report reignited the greenback's safe-have appeal. The European Central Bank kept interest rates unchanged at a record low of 1%, and reiterated views that the euro-zone economy will likely remain weak for the rest of the year.
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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