All 3 Majors Declined On Concerns Related to Future Monetary Policy Decisions by The Fed
The 3 major indexes closed lower today as investors worried that the Fed may need to raise rates later this year, which may in turn hurt corporate earnings. 1,615,381,810 shares were traded @ The New York Stock Exchange®.
Shares of Aleris International Inc. (ARS) gained $11.46 (+27.69%) to close @ $52.85.
Shares of Aircastle Limited (AYR) gained $3.60 (+15.65%) to close @ $26.60.
Shares of Cooper Companies Inc. (COO) gained $3.05 (+7.16%) to close @ $45.67.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,173.59 (-45.79)
NASDAQ: Closed @ 2,060.85 (-11.65)
S&P 500: Closed @ 1,271.48 (-4.29)
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NYMEX Crude Oil Future is currently @ $76.80/barrel
NY Spot Gold closed @ $645.90/ounce (-$1.20)
In New York, The U.S. Dollar buys 0.7754 Euros
In New York, The Euro buys 1.2897 U.S. Dollars
The U.S. Prime Rate (Fed Prime Rate) is 8.25%
Shares of Aleris International Inc. (ARS) gained $11.46 (+27.69%) to close @ $52.85.
Shares of Aircastle Limited (AYR) gained $3.60 (+15.65%) to close @ $26.60.
Shares of Cooper Companies Inc. (COO) gained $3.05 (+7.16%) to close @ $45.67.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,173.59 (-45.79)
NASDAQ: Closed @ 2,060.85 (-11.65)
S&P 500: Closed @ 1,271.48 (-4.29)
----------------------------------------------------------
NYMEX Crude Oil Future is currently @ $76.80/barrel
NY Spot Gold closed @ $645.90/ounce (-$1.20)
In New York, The U.S. Dollar buys 0.7754 Euros
In New York, The Euro buys 1.2897 U.S. Dollars
The U.S. Prime Rate (Fed Prime Rate) is 8.25%
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posted by Steve Brown | 8/08/2006 10:22:00 PM
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