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Economy

Economic Data (USA)

Tuesday, April 25, 2006

The 3 Majors Lost Some Ground Today As Investors Worried About Interest Rates

The 3 major indexes lost some ground as today's reports on Consumer Confidence and Existing Home Sales had investors worried that the Fed may raise interest rates beyond current expectations in order to keep inflation under control. 1,680,249,040 shares were traded @ The New York Stock Exchange® today.


Summary of The New York Markets:

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DJIA: Closed Lower @ 11,283.25 (-53.07)

NASDAQ: Closed Lower @ 2,330.30 (-3.08)

S&P 500: Closed Lower @ 1,301.74 (-6.37)

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NYMEX Crude Oil Future is currently @ $72.76/barrel

NY Spot Gold gained $11.30 to close @ $631.10/ounce

Currently, The U.S. Dollar buys 0.8045 Euros

Currently, The Euro buys 1.243 U.S. Dollars

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


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