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Now that was a helluva week: Major indices notched their best gains since the Iraq war began four years ago. Thank the Fed, for dropping language indicating a willingness to tighten rates. The Russell gained 3.9%, while the Dow tacked on more than 470 points, for a gain of more than 3%. The S&P 500 added nearly 50 points, or 3.5%, while the Nasdaq grabbed 82 points, or 3.5%. The indices have all returned to positive territory on a year-to-date basis.
But the biggest winners of the week were European stocks (up 4.7%), emerging markets (up 4.6%) and crude oil, which rose 4.5%. The big loser? The dollar -- it fell half a percent, and is down 3.5% for the past year. Treasuries also fared poorly. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |


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