Closing Bell 09.29.07

Brought to you by Financial Times
To the tune of lowered income, increased spending and plummeting value of the dollar, major indexes down on the day. The DJIA down -17.31 to 13895.63. The S&P 500 lost -4.63 to close at 1526.75and the Nasdaq fell -8.09to 2701.50. Random Index spinner: Hang Seng Index: up 77.32 to close at 27,142.47.
Personal consumption expenditures declined 0.1% compared to last month. Excluding food and energy the PCE rose 1.8%. Construction spending increased by 0.2% defying expectations of a -0.3% slip.
On the NYSE Friday, 1,337 stocks up and 1,984 down, totaling 883.5 million shares traded.
The euro was at $1.4261 from $1.4147 against the dollar - closing at another high. The dollar was at 114.78 yen from 115.65 yesterday. Crude closing at $81.63 and after reaching a 27 intraday high, gold closed $750.50.
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