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Economy

Economic Data (USA)

Friday, April 28, 2006

The Dow & NASDAQ Retreated While The S&P 500 Added Less Than A Point

The Dow Jones Industrial Average (DJIA) and the NASDAQ Composite both lost some ground today, as the S&P 500 Index gained less than one point; crude oil for future delivery got more expensive, as New York Spot Gold crossed the $650 mark. 1,790,418,320 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 0.2%, the NASDAQ Composite Index lost 0.9%, and the S&P 500 lost 0.1%.

For the Month of April, the DJIA gained 2.3%, the NASDAQ Composite Index lost 0.7%, and the S&P 500 gained 1.2%.


Shares of DJIA component and global #1 software producer Microsoft fell by $3.10 to close @ $24.15. The company announced plans to spend more money to combat competition from companies like Google.


Summary of The New York Markets:

----------------------------------------------------------

DJIA: Closed Lower @ 11,367.14 (-15.37 )

NASDAQ: Closed Lower @ 2,322.57 (-22.38)

S&P 500: Closed Higher @ 1,310.61 (+0.89)

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NYMEX Crude Oil Future closed @ $71.58/barrel

NY Spot Gold gained $17.70 to close @ $651.60/ounce

Currently, The U.S. Dollar buys 0.7915 Euros

Currently, The Euro buys 1.2634 U.S. Dollars

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


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