Market Update For Week Ending 8/27/2010

Index Close Net Change % Change YTD YTD % DJIA 10,150.65         -62.97         -0.62         -277.40         -2.66         NASDAQ 2,153.63         -26.13         -1.20         -115.52         -5.09         S&P500 1,064.59         -7.10         -0.66         -50.51         -4.53         Russell 2000 616.76         +5.98         0.98         -8.63         -1.38         International 1,427.76         -3.12         -0.22         -153.03         -9.68         10-year bond 2.65%        +0.04%          -1.16%           30-year T-bond 3.70%        +0.04%          -0.99%

International index is MSCI EAFE index. Bond data reflect net change in yield, not price. Indices are unmanaged and you cannot directly invest in an index. More market data Market Wrap Generally gloomy economic data, especially from the housing sector, kept U.S. stocks on the defensive for much of this week. The Dow industrials shed 0.62% and the broad S&P 500 lost 0.66%, while the technology-rich Nasdaq gave up 1.20%. Nonetheless, the economically sensitive Russell 2000 actually gained ground and foreign shares posted only a minimal loss. Bond yields edged higher as traders pulled away from Treasury debt as well as stocks. For more on recent trading activity, please read: http://www.cnbc.com/id/38884550 Bernanke Offers Unconventional Fed Support Federal Reserve chairman Ben Bernanke gave investors some cheer on Friday by repeating assurance that the Fed has many weapons in its arsenal to stimulate the economy. Even with overnight lending costs at near zero, the government can still buy Treasury debt, for example, to guide longer-term interest rates lower. The world's markets appeared comforted by the reminder. For more on Bernanke's comments, please read: http://money.cnn.com/2010/08/27/news/economy/Bernanke_speech/index.htm Is The Recovery Losing Steam? Revised second-quarter gross domestic product (GDP) data reveal that the U.S. economy may indeed be finding it difficult to re-expand after the recent devastating recession. According to the most recent estimates, GDP edged up just 1.6% on an annualized basis, indicating a potentially troubling absence of real growth. However, economists consider the chances of an outright recession low at present. For more, please read: http://www.msnbc.msn.com/id/38878553/