The Week in Review is provided by The Stock Market Game, which is a curriculum-based teaching tool that allows students to invest a hypothetical $100,000 online stock portfolio to learn about long-term saving and investing.
The Stock Market Game Week in Review: Mar. 24-28
Last week, a report showed personal income rose last month. U.S. consumers' confidence had fallen to a 16-year low in March, pointing to a recession 
according to the Reuters/University of Michigan Surveys of Consumers.
A report on the core personal expenditures price index, a key measure of inflation, also released last week, held steady, suggesting the Federal Reserve can keep cutting interest rates going forward. These reports are somewhat positive as stocks fell Tuesday, Mar. 25 and Wednesday, Mar. 26 after a weak reading on GDP growth in the fourth quarter. The government confirmed the last quarter of 2007 did, indeed, see a sharp economic slowdown.
The technology sector was particularly weak after the world's third-largest software maker Oracle (ORCL Quote) posted worse than expected third-quarter earnings and issued a cautious forecast.
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Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.00 | 1,107.93 | 2,201.05 | 36.03 |
Oil *
72.08
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DOWN
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11.05
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SPDR Gold
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+1.61%
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