Baron Capital Market Reports

Week Ending December 9, 2005

INDEX   LAST WEEK   ONE MONTH   YEAR - TO - DATE
    Close Net Change % Change   Net Change % Change   Net Change % Change
Dow Jones
  10875.59 97.01 0.90%   200.83 1.88%   92.58 0.86%
S & P 500
  1267.32 7.95 0.63%   36.11 2.93%   55.40 4.57%
Nasdaq
  2252.48 -4.25 -0.19%   64.55 2.95%   77.04 3.54%
Russell 2000
  683.09 -5.68 -0.82%   28.45 4.35%   31.52 4.84%
 

The U.S. equity markets closed mixed last week, as the Nasdaq and the Russell 2000 finished in negative territory. The U.S. Federal Reserve Board raised interest rates to 4.25% last Tuesday, the highest level in four and one half years. November’s retail sales saw a gain of 0.3%, coming close to market expectations. A significant portion of this rise has been attributed to auto sales and falling gasoline prices. The U.S. trade gap hit a record high in October.

THIS WEEK'S U.S. ECONOMIC RELEASES

  • December 19: NAHB Housing Market Index
  • December 20: Producer Price Index and Housing Starts
  • December 21: Gross Domestic Product Q3 Final Estimate


Baron B. Benham
Founder & Chief
Investment Advisor

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