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Economy

Economic Data (USA)

Thursday, March 02, 2006

All 3 Majors Declined As The Cost of Crude Rose

All 3 major indices closed lower today as the price on crude oil for future delivery went up. An estimated 1.79 billion shares were traded on The Big Board today.


Shares of Dana fell by $0.81 (44%) to close @ $1.04; the stock will no longer be listed on the S&P 500 Index.


Today's Numbers:

DJIA: Closed Lower @ 11,025.51 (-28.02)

NASDAQ: Closed Lower @ 2,311.11 (-3.53)

S&P 500: Closed Lower @ 1,289.14 (-2.10)

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NYMEX Crude Oil Future is currently @ $63.69/barrel

New York Spot Gold closed Higher @ $568.30/ounce

Currently, The U.S. Dollar buys 0.8321 Euros

Currently, The Euro buys 1.2018 U.S. Dollars

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


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