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Economy

Economic Data (USA)

Monday, March 27, 2006

The NASDAQ Was the Only Gainer Today As Investors Braced Themselves for Tomorrow's FOMC Statement

The NASDAQ Composite Index was the only gainer of the 3 major indexes today as anticipation related to tomorrow's Federal Open Market Committee (FOMC) statement produced some bearishness. 1,371,187,390 shares were traded @ The New York Stock Exchange® today.


Shares of Google gained $3.89 (1.06%) to close @ $369.69; the stock then gained an additional $0.33 in after-hours trading this evening.


Shares of Zimmer Holding fell by $2.55 (3.72%) to close @ $66.00. Zimmer is the global #1 producer of artificial hips and artificial knees.

Shares of Stryker Corporation lost $2.67 (5.63%) to close @ $44.78; the stock then lost an additional $0.12 in after-hours trading.


Summary of The New York Markets:

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DJIA: Closed Lower @ 11,250.11 (-29.86)

NASDAQ: Closed Higher @ 2,315.58 (+2.76)

S&P 500: Closed Lower @ 1,301.61 (-1.34)

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NYMEX Crude Oil Future is currently @ $64.15/barrel

New York Spot Gold closed Higher @ $566.80/ounce

Currently, The U.S. Dollar buys 0.8328 Euros

Currently, The Euro buys 1.2008 U.S. Dollars

The U.S. Prime Rate is 7.5%


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