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Economy

Economic Data (USA)

Thursday, May 04, 2006

The 3 Majors Gained Ground As Crude Oil Prices Fell

The 3 major indices gained ground today as crude oil for future delivery fell below the $70 mark. 1,740,156,780 shares were traded @ The New York Stock Exchange®.


Shares of Whole Foods gained $8.27 to close @ $70.42 on strong profits related to new store openings.

Shares of Electronic Arts fell by $5.95 to close @ $48.55. Electronic Arts is the global #1 video game manufacturer.

Shares of Starbucks gained $1.44 to close @ $38.79 The company has recently opened 424 new stores and has added a number of green tea items to their beverage menu.


Summary of The New York Markets:

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DJIA: Closed @ 11,438.86 (+38.58)

NASDAQ: Closed @ 2,323.90 (+19.93 )

S&P 500: Closed @ 1,312.25 (+4.40)

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NYMEX Crude Oil Future is currently @ $70.34/barrel

NY Spot Gold gained $8.60 to close @ $674.60/ounce

Currently, The U.S. Dollar buys 0.7881 Euros

Currently, The Euro buys 1.2689 U.S. Dollars

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


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