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Economy

Economic Data (USA)

Thursday, April 27, 2006

The 3 Major Indices Advanced Today As Concern About Future Interest Rate Hikes Waned

The 3 major indexes gained ground today as investors reacted to comments made by Fed Chairman Bernanke, who hinted that the Fed may pause their rate-raising regimen soon. 2,082,685,120 shares were traded @ The New York Stock Exchange® today.


Summary of The New York Markets:

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DJIA: Closed Higher @ 11,382.51 (+28.02)

NASDAQ: Closed Higher @ 2,344.95 (+11.32)

S&P 500: Closed Higher @ 1,309.72 (+4.31)

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NYMEX Crude Oil Future is currently @ $70.90/barrel

NY Spot Gold fell by $5.50 to close @ $633.90/ounce

Currently, The U.S. Dollar buys 0.7982 Euros

Currently, The Euro buys 1.2528 U.S. Dollars

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


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