Market Action July 9, 2008
Stocks got hammered with small caps and tech leading the rout. On the Commodities side, Crude oil edged up a notch and precious metals ended modestly higher. The treasury yields fell in an apparent flight to safety while the dollar ended unchanged.
Please refer to respective posts for more details on Stocks, Bonds and Commodities.
| Index | Close | Today’s Chg | One Week | One Month | Three Months | Six Months | One Year |
| S&P 500 | 1244.69 | -2.28% | -3.13% | -8.60% | -8.11% | -10.47% | -17.58% |
| US Dollar | 72.95 | 0.00% | 0.80% | 0.08% | 1.53% | -4.15% | -9.78% |
| CRB Composite | 586.25 | 0.48% | -3.76% | 5.18% | 8.31% | 19.86% | 39.92% |
| US 10-Year Bond | 3.834 | -1.19% | -3.96% | -3.96% | 10.62% | -0.16% | -23.90% |
S&P 500, US Dollar Index, CRBI Reuters/Jeffries Index, US Treasury Yield charts.
Current Outlook
| Index | Short Term | Long Term |
| S&P 500 | Bearish | Bearish |
| US Dollar | Bearish | Bearish |
| CRB Composite | Bullish | Bullish |
| US 10-Year Bond | Bullish | Bullish |
