Tuesday, January 1, 2008

How the markets finished for 2007

Here's a summary of how the markets ended for the year...

Dow

Thanks to a big first-half advance, it managed to finish 2007 with a respectable increase of 6.43% -- not as large as the 16.29% jump in 2006, but a better performance than the modest loss in 2005.

S&P 500
The S&P 500 index end the year by falling 10.13, or 0.69 percent, to 1,468.36, to end 2007 with a gain of 3.53%. It had reached a record close of 1,565.15 on Oct. 9. Shares of the iPod Apple, surged almost 134%, making it the second-best gainer in the S&P 500. Blackberry's stock RIMM skyrocketed 166% for the year.

Nasdaq
The Nasdaq finished the year with a 9.81% gain. Despite the market's volatility, this was the best performance for the Nasdaq, still well below its tech boom highs, since 2003.

FTSE
Advanced 3.8% in 2007, compared with a nearly 11% gain in 2006, making 2007 its weakest year since 2002.

DAX
Germany's DAX index was a star performer, up 22 percent, matching last year's gains.

Nikkei
Japan's Nikkei ends down 11%, its first loss in 5 years.

Hang Seng
Hong Kong's Hang Seng Index rose about 40%.

Oil
Oil surged this year with a gain of about 60% to nearly $100 a barrel

Gold
The metal has risen more than 30 percent this year -- the biggest annual gain since 1979.

US Dollar
The dollar capped off a bad year as it has fallen 11.5% against the Euro, 16% versus the Canadian dollar and 5.9% percent to the Yen.

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