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Economy

Economic Data (USA)

Friday, March 31, 2006

All 3 Majors Finished Lower on The Day; The Dow and S&P 500 Down for The Week

All 3 major indices finished lower today, but the NASDAQ Composite Index managed to gain ground on the week. 1,616,238,450 shares were traded @ The New York Stock Exchange® today.


For the week, The Dow Jones Industrial Average (DJIA) fell by 1.5%, The NASDAQ Composite Index gained 1.2% and The S&P 500 Index fell by 0.6%.


Shares of Colgate-Palmolive fell by $1.18 to close @ $57.10 on news that the company may be interested in purchasing Pfizer's consumer products division.


Shares of Best Buy gained $1.15 to close @ $55.93. Best Buy is the U.S. #1 consumer electronics retail chain.


Shares of T. Rowe Price gained $3.89 to close @ $78.21.


Shares of Google gained $1.56 to close @ $390.00.


Summary of The New York Markets:

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

DJIA: Closed Lower @ 11,109.32 (-41.38)

NASDAQ: Closed Lower @ 2,339.79 (-1.03)

S&P 500: Closed Lower @ 1,294.83 (-5.42)

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

NYMEX Crude Oil Future closed @ $66.35/barrel

NY Spot Gold fell $4.30 to close @ $581.50/ounce

Currently, The U.S. Dollar buys 0.8252 Euros

Currently, The Euro buys 1.2118 U.S. Dollars

The U.S. Prime Rate (WSJ Prime Rate) is 7.75%


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