.comment-link {margin-left:.6em;}


Economic Data (USA)

Friday, April 07, 2006

The 3 Major Indices Lost Ground Today As Investors Reacted to The Labor Department's Employment Situation Report

All 3 major indexes retreated today as investors reacted to the Labor Department's Employment Situation report for March, 2006: the strong employment numbers may prompt The Fed to raise the benchmark Fed Funds Rate beyond 5% later this year. 1,528,061,230 shares were traded @ The New York Stock Exchange® today.

Shares of aluminum giant and Dow Jones Industrial Average (DJIA) component Alcoa gained $0.34 to close @ $32.50.

Shares of Research In Motion lost $4.60 to close @ $79.78 on news that company projections for new BlackBerry subscribers for this quarter will miss analyst expectations.

Shares of Apple Computer fell by $1.45 to close @ $69.79.

Shares of Constellation lost $1.47 to close @ $23.99. Constellation is the global #1 wine producer.

Shares of ConocoPhillips lost $1.29 to close @ $65.96.

Shares of New York City's Consolidated Edison (ConEd) lost $0.83 to close @ $42.39.

Shares of Exelon Corp fell by $1.37 to close @ $51.95.

Summary of The New York Markets:


DJIA: Closed Lower @ 11,120.04 (-96.46)

NASDAQ: Closed Lower @ 2,339.02 (-22.15)

S&P 500: Closed Lower @ 1,295.50 (-13.54)


NYMEX Crude Oil Future closed @ $67.43/barrel

NY Spot Gold fell by $6.80 to close @ $587.80/ounce

Currently, The U.S. Dollar buys 0.8269 Euros

Currently, The Euro buys 1.2093 U.S. Dollars

The U.S. Prime Rate is 7.75%


Entire Website © 2021 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.