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Economic Data (USA)

Thursday, June 01, 2006

All 3 Major Indexes Advanced On Cheaper Oil & Gold, and Favorable Government Reports

The 3 major indexes gained ground today as both crude oil for future delivery and NY Spot Gold got cheaper; the numerous government reports released today were mostly positive. 1,689,481,900 shares were traded @ The New York Stock Exchange®.

Just In: Looks like the dream of a transatlantic equities market is about to become a reality: The NYSE Group, owners of The New York Stock Exchange®, will buy Paris-based Euronext for about $10 billion. The deal still requires a green light from both American and European regulators, and from both groups of shareholders.

Euronext is the #2 stock exchange in Europe.

Shares of NYSE Group (NYX) gained $2.65 (4.43%) to close @ $62.45.

Shares of Dow Jones Industrial Average (DJIA) component AT&T (T) gained $0.85 (3.26%) to close @ $26.91.

Shares of Rambus (RMBS) gained $4.49 (18.51%) to close @ $28.75.

Shares of Novell (NOVL) fell by $1.13 (14.62%) to close @ $6.60.

Shares of Sears Holdings (SHLD) gained $8.92 to close @ $160.79.

Shares of J.C. Penney (JCP) gained $3.95 to close @ $64.79 on news of strong sales.

Summary of The U.S. Markets:


DJIA: Closed @ 11,260.28 (+91.97)

NASDAQ: Closed @ 2,219.86 (+40.98)

S&P 500: Closed @ 1,285.71 (+15.62)


NYMEX Crude Oil Future is currently @ $70.74/barrel

NY Spot Gold fell by $14.80 to close @ $628.70/ounce

Currently, The U.S. Dollar buys 0.7804 Euros

Currently, The Euro buys 1.2814 U.S. Dollars

The U.S. Prime Rate (WSJ Prime Rate) is 8.00%



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