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Economy

Economic Data (USA)

Thursday, February 09, 2006

The DJIA Advanced While The NASDAQ and S & P 500 Faltered As The Market Reacted To Interest Rate Concerns

The Dow Jones Industrial Average (DJIA) advanced today as The NASDAQ and S + P 500 faltered; comments by Chicago Federal Reserve Bank President Michael Moskow about future moves by The Fed worried many investors about U.S. economic growth. An estimated 1.7 billion shares were traded on The Big Board today.

American International Group (AIG) has made peace with New York State Attorney General Eliot Spitzer and The SEC by agreeing to fork over an estimated $1.6 billion to settle fraud claims.

Shares of AIG advanced by $0.74 (1.11%) to close @ $67.12 in regular trading; the stock then gained another $0.52 in after-hours trading this evening.

Shares of Aetna gained $3.15 (3.28%) to close @ $99.27 in regular trading; the stock then gained an additional $0.20 in after-hours action. Aetna released a strong earnings forecast for 2006.


Sales of flat-panel TV's and iPods contributed to Best Buy predicting a strong fiscal Q4.

Shares of Best Buy gained $4.13 (8.46%) to close @ $52.96.

Shares of Marriott International gained $1.53 (2.31%) to close @ $67.64.

Shares of Navteq Corp gained $4.75 (11.83%) to close @ $44.91.

Shares of Carlisle Companies Inc gained $6.12 (8.89%) to close @ $74.98.

Shares of Charles River Laboratories International gained $3.51 (7.83%) to close @ $48.36.

Shares of 3M gained $1.12 to close @ $72.12.


Shares of Research In Motion gained $0.97 (1.41%) to close @ $69.62 in regular trading; the stock then lost $0.42 in after-hours action this evening.


Shares of Whole Foods fell by $6.78 (9.41%) to close @ $65.27.


Shares of Apple Computer fell by $3.86 (5.61%) to close @ $64.95.

Shares of Google fell by $10.31 (2.79%) to close @ $358.77 in regular trading; the stock then recovered $1.98 in after-hours trading.


Shares of Valero Energy fell by $2.93 (5.24%) to close @ $52.98.

Shares of GrafTech International fell by $2.71 (37.07%) to close @ $4.60.

Shares of Equus II fell by $2.41 (23.04%) close @ $8.05.

Shares of Maidenform Brands fell by $2.10 (19.34%) to close @ $8.76.

Shares of Proquest $5.22 (17.75%) to close @ $24.19.


Today's Numbers:

DJIA: Closed Higher @ 10,883.35 (+24.73)

NASDAQ: Closed Lower @ 2,255.87 (-11.11)

S&P 500: Closed Lower @ 1,263.78 (-1.87)

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NYMEX Crude Oil Future is currently @ $62.59/barrel

New York Spot Gold closed Higher @ $564.80/ounce

Currently, The U.S. Dollar buys
0.8351 Euros
Currently, The Euro buys 1.1975 U.S. Dollars

The U.S. Prime Rate is 7.5%


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