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Economy

Economic Data (USA)

Monday, January 30, 2006

NASDAQ Up, S&P 500 Up, DJIA Down

The Dow Jones Industrial Average (DJIA) was down for the day as The NASDAQ Composite and The S + P 500 indices made modest gains. An estimated 1.7 billion shares were traded on The Big Board.

The shining star on the DJIA today was Exxon-Mobil. The company reported Q4 2005 earnings of $10.7 billion, which is most likely the highest quarterly profit in U.S. history. Exxon-Mobil's profits for all of 2005 was a record breaker as well: $36 billion, the most profit earned in a year by any American company.

And crude oil has been climbing lately; crude for future delivery is currently @ $68.30 per barrel.

Shares of Exxon-Mobil gained $1.82 (2.97%) in regular trading to close @ $63.11; the stock lost $0.21 in after-hours action.

Shares of Sunoco gained $4.76 (5.21%) in regular trading to close @ $96.21; the stock lost $0.21 in after-hours trading.

Shares of Chevron gained $0.37 to close @ $60.75.

Shares of Valero Energy gained $3.15 (5.25%) to close @ $63.20.


Shares of Apple Computer gained $2.97 (4.12%) to close @ $75.00; the stock gained another $0.30 in after-hours action this evening.

The folks @ Google will release their earnings report tomorrow. Shares of Google fell by $6.67 (1.54%) to close @ $426.82; the stock lost an additional $1.02 in after-hours trading this evening.

The value of certain banking stocks slumped today in anticipation of the likely fed funds target and prime rate increase coming after the FOMC meets tomorrow.

Shares of Bank of America fell by $0.32 to close @ $44.48 in regular trading, then recovered $0.22 in after-hours action.

Shares of Washington Mutual fell by $0.60 to close @ $42.27; Washington Mutual is the #1 savings and loan in the U.S.


Shares of General Motors gained $0.54 (2.27%) to close @ $24.34 in regular trading; the stock lost $0.08 in after-hours action.

Shares of Schering-Plough fell by $0.51 (2.54%) to close @ $19.57; the stock recovered $0.09 in after-hours trading this evening.

Shares of Merck lost $0.24 to close @ $34.46 in regular trading, but then bounced back and gained $0.53 in after-hours action this evening.

Shares of Sysco added $1.90 to close @ $32.47; Sysco is the #1 distributor of food to restaurants in the U.S.

Shares of Mattel gained $1.02 (6.9%) to close @ $15.80 in regular trading; the stock gained an additional $0.18 in after-hours action this evening. Mattel is the global #1 toy manufacturer.

Shares of Tyson Foods slid $1.10 (7.16%) to close @ $14.27.

Shares of Eastman Kodak fell by $0.62 (2.35%) to close @ $25.75. Kodak is the global #1 maker of film.

Shares of American International Group (AIG) fell by $0.58 to close @ $66.07.

Shares of European steel giant Mittal gained $1.44 (4.2%) to close @ $35.70.

Today's Numbers:

DJIA: Closed Down @ 10,899.92 (-7.29)

NASDAQ: Closed Up @ 2,306.78 (+2.55)

S&P 500: Closed Up @ 1,285.20 (+1.48)

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NYMEX Crude Oil Future is currently @ $68.35/barrel

New York Spot Gold closed Up @ $565.90/ounce

Currently, The U.S. Dollar buys
0.8266 EurosCurrently, The Euro buys 1.2098 U.S. Dollars

The United States Prime Rate is currently 7.25%


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