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Economy

Economic Data (USA)

Wednesday, August 09, 2006

The 3 Majors Closed Lower Making It Four Consecutives Days of Negative Numbers

The 3 major indexes closed lower for the fourth consecutive day, on continued bearishness related to interest rates and a slowing economy. 1,709,150,140 shares were traded @ The New York Stock Exchange®.


Shares of Dow Jones Industrial Average (DJIA) component Caterpillar (CAT) fell by $3.08 to close @ $68.52.


Summary of The U.S. Markets:

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DJIA: Closed @ 11,076.18 (-97.41)

NASDAQ: Closed @ 2,060.28 (-0.57)

S&P 500: Closed @ 1,265.95 (-5.53)

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NYMEX Crude Oil Future is currently @ $76.80/barrel

NY Spot Gold closed @ $650.60/ounce (+$4.70)

In New York, The U.S. Dollar buys 0.7775 Euros

In New York, The Euro buys 1.2862 U.S. Dollars

The U.S. Prime Rate (Fed Prime Rate) is 8.25%


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