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Economy

Economic Data (USA)

Monday, March 20, 2006

The NASDAQ Composite Was The Only Gainer of The 3 Major Indices Today

Of the 3 major indexes, the NASDAQ Composite was the only gainer today as investors pondered what Fed Chief Ben Bernanke will say in speech that is set to take place later this evening. An estimated 1.42 billion shares were traded @ The New York Stock Exchange® today.


Shares of Google gained $8.40 to close @ $348.19 on news that the company doesn't have to give the Justice Department a database of Internet search queries, as requested in a government subpoena. Google will, however, hand over 50,000 web addresses.


Shares of SBS Technologies gained $5.39 to close @ $16.03.


Shares of Michaels Stores gained $4.39 to close @ $38.35. Michaels is the U.S. #1 arts and crafts retailer.


Shares of Kerzner International gained $9.07 to close @ $79.43. Kerzner owns the largest casino in the Caribbean.


Shares of Sunoco fell by $4.24 to close @ $75.37.


Summary of The New York Markets:

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DJIA: Closed Lower @ 11,274.53 (-5.12)

NASDAQ: Closed Higher @ 2,314.11 (+7.63)

S&P 500: Closed Lower @ 1,305.08 (-2.17)

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NYMEX Crude Oil Future is currently @ $60.40/barrel

New York Spot Gold closed Higher @ $555.30/ounce

Currently, The U.S. Dollar buys 0.824 Euros

Currently, The Euro buys 1.2136 U.S. Dollars

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


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