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Investment Figures Of The Week

Posted on May 15, 1994

Investment Figures of the Week

Investment Figures of the Week

It was "beat the dollar" week all around the world. Even sharply higher

interest rates in the U.S. could not stop the drubbing of the dollar, which

fell against the yen and the mark. The currency woes overshadowed good news in

earnings and takeovers. In the U.S. equity markets, big- and mid-cap stocks

finished the week little changed. Yields of three-month Treasury bills climbed

over 4%, reflecting concerns over the economy's strength.

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