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%
Summary of The New York Markets:
----------------------------------------------------------
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)
----------------------------------------------------------
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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posted by Steve Brown | 4/25/2006 08:43:00 PM
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