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Economic Data (USA)

Wednesday, December 14, 2005

Dow Up, NASDAQ Down; S&P 500 @ 4 Year High

The US trade deficit for October, 2005 was a record high $68.9 billion. The old record was one month previous: $66 billion. Some economists are predicting that the US trade deficit will be over $750 billion next year.

The S&P 500 hit a 4 year high today, closing at a level not seen since June of 2001.

China is now the world's 4th largest economy, surpassing the UK which previously held the #4 spot.

Today's Numbers:

DJIA: Closed Up @ 10,883.51 (+59.79)

NASDAQ: Closed Down @ 2,262.59 (-2.41)

S&P 500: Closed Up @ 1,272.74 (+5.31)

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