Acadiana Business Index 08-12-11
Mark Lasseigne fills you in on a positive final day of an up-and-down week on Wall Street.
-Wall Street ends a week of volatile trading.
-The Dow Jones Industrial Average rose 126 points to 11,269.
-The market's moves this week were the wildest since late 2008 during the depths of the financial crisis.
-The Reuters/University of Michigan Consumer Sentiment Survey fell sharply in August, tumbling to the lowest level in 30 years.
-And, the Commerce Department said retail sales rose ½ % in July, slightly less than expected.
-Crude oil closed at $85.38 a barrel.
-Gold settled at $1,743 an ounce.