IBD'S WEEK IN REVIEW.(THE IBD 100)

Yukos Woes Light Fire Under Oil Prices

1 Light sweet crude near-term futures jumped 2.5% Friday to end at $43.80 a barrel at the Nymex, eclipsing Wednesday's 21-year high. But that's on a nominal basis. Adjusted for inflation, oil spiked as high as $78 a barrel in 1990. A Moscow court rejected Russia's largest oil firm's appeal to lift an order banning it from selling its assets.

GDP Growth Tapers In Q2

2 U.S. gross domestic product rose 3%, weaker than expected. But Q1 GDP growth was revised upward to 4.5%. Consumer spending grew 1% in Q2, a sharp slowdown from the 4.1% hike in Q1. Yet some economists expect consumers to remain a big contributor to growth. Business investment continued to soar as spending on software and equipment jumped by 10%.

Nasdaq Ends Losing Streak

3 The Nasdaq gained 2.1% for the week for its first gain in five weeks. It fell 8.7% in the previous four weeks. The S&P 500 notched its fourth straight gain to finish up 1.4% for the week, snapping a six-week sell-off. The Dow rose 1.8% for the week, the small-cap S&P 600 2.2%. Medicals continued to sell off, but steel, metal alloy, energy and Internet stocks rallied.

DNC Ends, Kerry Trip Starts