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

Economy

Economic Data (USA)

Wednesday, February 08, 2006

All 3 Majors Advanced As The Cost of Crude Continues to Fall

All 3 major indices advanced today as the price for crude oil fell; the price on NYMEX crude oil for future delivery continues to fall this evening. An estimated 1.79 billion shares were traded on The Big Board.

Shares of Pfizer gained $1.19 to close @ $26.37 on news that the company has plans to sell or spin-off its consumer health division that includes brands like Visine®, Listerine® and BenGay®. The company wants to concentrate on prescription drugs.

Shares of Cisco Systems gained $1.31 (7.2%) to close @ $19.40. Some Cisco-manufactured routers sell for $1 million, and sales @ Cisco have been on the rise lately.

Shares of Hewlett-Packard gained $1.64 (5.4%) to close @ $32.01; HP was the best performer in The Dow Jones Industrial Average (DJIA) today.

Shares of General Motors fell by $0.82 or (3.6%) to close @ $21.99; the stock then lost an additional $0.12 in after-hours trading this evening.


Shares of Dell Inc. gained $1.83 to close @ $31.52.

Shares of Univision Communications gained $3.66 (12%) to close @ $34.20. Univision is the #1 domestic, Spanish-language television network.


Shares of Watts Water Technologies gained $6.31 (20.56%) to close @ $37.00.

Shares of Tenaris SA gained $8.54 (5.77%) to close @ $156.44.


Shares of Peabody Energy Corp. fell by $5.90 (6.02%) to close @ $92.05; the stock then recovered $0.95 in after-hours trading this evening.

Shares of USEC Inc. fell by $1.64 (12.06%) to close @ $11.96.


Shares of Google gained $1.16 (0.32%) to close @ $369.08; the stock then fell by $0.19 in after-hours trading.

Shares of Apple Computer gained $1.21 (1.79%) to close @ $68.81; the stock then gained an additional $0.09 in after-hours trading this evening.


Shares of United States Steel Corp. fell by $1.62 (2.76%) to close @ $57.10.


Today's Numbers:

DJIA: Closed Higher @ 10,858.62 (+108.86)

NASDAQ: Closed Higher @ 2,266.98 (+22.02)

S&P 500: Closed Higher @ 1,265.65 (+10.87)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $62.85/barrel

New York Spot Gold closed Lower @ $550.10/ounce

Currently, The U.S. Dollar buys
0.8351 Euros

Currently, The Euro buys 1.1974 U.S. Dollars

The U.S. Prime Rate (WSJ Prime Rate) is 7.5%


--> 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.