.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Friday, December 16, 2005

All 3 Majors & Oil Down

New trend: if you want to predict the price of oil, just check the weather forecast for the Northeast United States. The price of oil fell again today as--you guessed it--meteorologists predicted mild temperatures for the Northeast. Crude oil closed @ 58.06 per barrel, down by $1.93. Shares of oil-related stocks (Exxon Mobil, Chevron) closed lower as a result.

Google may pay $1 billion for a (eh hem!) 5% stake in AOL.
Looks like Google will do anything to score points against Microsoft.

Shares of Dow Industrial blue chip Johnson & Johnson did well today on news that it will purchase insulin pump maker Animas Corp. Shares of J&J closed up @ $60.86.

The cost for a seat on the New York Stock Exchange® continues to fall. Today, an NYSE membership seat sold for $3.275 million. The last membership seat sold for $3.625 million. The highest price paid for a seat on The Exchange was $4 million.

Today's Numbers:

DJIA: Closed Down @ 10,875.59 (-6.08)

NASDAQ: Closed Down @ 2,252.48 (-8.15)

S&P 500: Closed Down @ 1,267.32 (-3.62)


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home


bing

bing


SCAMS!

FedPrimeRate.com
Entire Website © 1999 - 2025 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.