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Economy

Economic Data (USA)

Wednesday, August 23, 2006

The 3 Majors Declined On News of A Sluggish Housing Market

All 3 major indices declined today as investors reacted bearishly to news that the U.S. housing market is waning. 1,211,872,670 shares were traded @ The New York Stock Exchange®.


Shares of Dow Jones Industrial Average (DJIA) component Caterpillar (CAT) fell by $1.29 (-1.88%) to close @ $67.21.


Shares of eCom Ventures, Inc. (ECMV) gained $1.43 (+15.77%) to close @ $10.50.


Shares of Moscow CableCom Corporation (MOCC) gained $1.20 (+14.48%) to close @ $9.49.


Shares of OmegaFlex, Inc. (OFLX) gained $2.51 (+11.73%) to close @ $23.90.


Shares of NYSE Group (NYX) fell by $1.26 (-2.19%) to close @ $56.35. The NYSE Group owns the New York Stock Exchange®.


Shares of Payless Shoesource Inc. (PSS) fell by $2.94 (-11.29%) to close @ $23.10.


Shares of ESCO Technologies Inc. (ESE) fell by $5.14 (-8.92%) to close @ $52.50.


Shares of International Securities Exchange Inc (ISE) fell by $3.16 (-7.12%) to close @ $41.22.


Summary of The U.S. Markets:

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DJIA: Closed @ 11,297.90 (-41.94)

NASDAQ: Closed @ 2,134.66 (-15.36)

S&P 500: Closed @ 1,292.99 (-5.83)

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NYMEX Crude Oil Future is currently @ $71.75/barrel

NY Spot Gold closed @ $623.20/ounce (-$1.20)

In New York, The U.S. Dollar buys 0.7832 Euros

In New York, The Euro buys 1.2768 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.813%


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