.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Monday, June 19, 2006

All 3 Major Indices Declined with The Dow Retreating Below the 11K Mark

Thanks in no small part to a slowing economy, coupled with inflation worries (stagflation?), the 3 major indexes declined today, with the Dow Jones Industrial Average (DJIA) closing below the 11K mark. 1,514,460,810 shares were traded @ The New York Stock Exchange®.

Shares of DJIA component Alcoa (AA) fell by $0.99 (-3.29%) to close @ $29.10.


Shares of DJIA component 3M (MMM) fell by $1.08 (-1.34%) to close @ $79.43.


Shares of Vonage Holdings (VG) fell by $1.12 (11.67%) to close @ $8.48 on news that Verizon is suing the company over several instances of patent infringement related to voice over Internet protocol (VOIP) technology.


Shares of Symmetry Medical (SMA) fell by $3.36 (-17.84%) to close @ $15.47.


Shares of Google (GOOG) fell by $2.56 (-0.66%) to close @ $388.14; the stock then lost an additional $0.41 in after-hours action this evening.


Reduced tensions about Iran's nuclear program caused crude oil for future delivery to get cheaper today; many energy-related stocks declined as a result.

Shares of DJIA component Exxon Mobil (XOM) fell by $1.41 (-2.40%) to close @ $57.39.

Shares of Valero Energy (VLO) fell by $2.65 (-4.42%) to close @ $57.35.

Shares of Sunoco (SUN) fell by $3.14 (-4.91%) to close @ $60.86.

Shares of Chevron (CVX) fell by $1.20 (-2.04%) to close @ $57.51.

Shares of ConocoPhillips (COP) fell by $1.97 (-3.22%) to close @ $59.20.


Shares of Lehman Brothers (LEH) fell by $1.17 (-1.85%) to close @ $62.18; the stock then lost an additional $0.40 in after-hours action this evening.


Shares of U.S. Steel (X) fell by $1.74 (-2.76%) to close @ $61.20; the stock then recovered $0.27 in after-hours action this evening.


Shares of Freeport-McMoRan Copper & Gold (FCX) fell by $1.33 to close @ $46.97.

Shares of Phelps Dodge (PD) fell by $3.03 to close @ $77.07.


Shares of homebuilder Lennar (LEN) fell by $1.01 (-2.25%) to close @ $43.88.


Summary of The U.S. Markets
:

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

DJIA: Closed @ 10,942.11 (-72.44)

NASDAQ: Closed @ 2,110.42 (-19.53)

S&P 500: Closed @ 1,240.14 (-11.40)

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

NYMEX Crude Oil Future is currently @ $68.88/barrel

NY Spot Gold fell by $9.20 to close @ $569.20/ounce

In New York, The U.S. Dollar buys 0.7954 Euros

In New York, The Euro buys 1.2572 U.S. Dollars

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


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

bing

bing


SCAMS!

FedPrimeRate.com
Entire Website © 1999 - 2025 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.