All 3 Majors Lost Ground Today On Continued Concern About Interest Rates
The 3 major indices retreated today as investors worried that the numbers in today's Retail Sales report for July may influence a possible Federal Open Market Committee (FOMC) decision to raise interest rates later this year. 1,592,855,390 shares were traded @ The New York Stock Exchange®.
For the week, the Dow Jones Industrial Average (DJIA) fell by 1.36%, the NASDAQ Composite Index fell by 1.31%, and the S + P 500 Index fell by 0.99%.
Shares of DJIA component American International Group (AIG) gained $1.25 (+2.07%) to close @ $61.57.
Shares of DJIA component Caterpillar (CAT) fell by $1.29 (-1.89%) to close @ $67.03.
Shares of Intrawest Corporation (IDR) gained $7.67 (+28.93%) to close @ $34.18.
Shares of Building Materials Holding Corporation (BMHC) gained $2.88 (+13.75%) to close @ $23.83.
Shares of U.S. Global Investors, Inc. (GROW) gained $2.58 (+13.58%) to close @ $21.58.
Shares of Mills Corp. (MLS) fell by $6.68 (-29.57%) to close @ $15.91.
Shares of Analog Devices Inc. (ADI) fell by $5.17 (-16.21%) to close @ $26.73.
Shares of Parlux Fragrances Inc. (PARL) fell by $3.38 (-41.42%) to close @ $4.78.
Shares of Bisys Group Inc. (BSG) fell by $2.66 (-22.32%) to close @ $9.26.
Shares of LMI Aerospace Inc. (LMIA) fell by $3.45 (-16.43%) to close @ $17.55.
Shares of US Energy Systems Inc. (USEY) fell by $1.41 (-23.98%) to close @ $4.47.
Shares of AngioDynamics Inc. (ANGO) fell by $3.02 (-14.60%) to close @ $17.67.
Shares of India Fund, Inc. (IFN) fell by $2.72 (-6.68%) to close @ $37.99.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,088.03 (-36.34)
NASDAQ: Closed @ 2,057.71 (-14.03)
S&P 500: Closed @ 1,266.74 (-5.07)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $74.35/barrel
NY Spot Gold closed @ $633.30/ounce (-$1.80)
In New York, The U.S. Dollar buys 0.786 Euros
In New York, The Euro buys 1.2722 U.S. Dollars
The U.S. Prime Rate (Fed Prime Rate) is 8.25%
For the week, the Dow Jones Industrial Average (DJIA) fell by 1.36%, the NASDAQ Composite Index fell by 1.31%, and the S + P 500 Index fell by 0.99%.
Shares of DJIA component American International Group (AIG) gained $1.25 (+2.07%) to close @ $61.57.
Shares of DJIA component Caterpillar (CAT) fell by $1.29 (-1.89%) to close @ $67.03.
Shares of Intrawest Corporation (IDR) gained $7.67 (+28.93%) to close @ $34.18.
Shares of Building Materials Holding Corporation (BMHC) gained $2.88 (+13.75%) to close @ $23.83.
Shares of U.S. Global Investors, Inc. (GROW) gained $2.58 (+13.58%) to close @ $21.58.
Shares of Mills Corp. (MLS) fell by $6.68 (-29.57%) to close @ $15.91.
Shares of Analog Devices Inc. (ADI) fell by $5.17 (-16.21%) to close @ $26.73.
Shares of Parlux Fragrances Inc. (PARL) fell by $3.38 (-41.42%) to close @ $4.78.
Shares of Bisys Group Inc. (BSG) fell by $2.66 (-22.32%) to close @ $9.26.
Shares of LMI Aerospace Inc. (LMIA) fell by $3.45 (-16.43%) to close @ $17.55.
Shares of US Energy Systems Inc. (USEY) fell by $1.41 (-23.98%) to close @ $4.47.
Shares of AngioDynamics Inc. (ANGO) fell by $3.02 (-14.60%) to close @ $17.67.
Shares of India Fund, Inc. (IFN) fell by $2.72 (-6.68%) to close @ $37.99.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 11,088.03 (-36.34)
NASDAQ: Closed @ 2,057.71 (-14.03)
S&P 500: Closed @ 1,266.74 (-5.07)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $74.35/barrel
NY Spot Gold closed @ $633.30/ounce (-$1.80)
In New York, The U.S. Dollar buys 0.786 Euros
In New York, The Euro buys 1.2722 U.S. Dollars
The U.S. Prime Rate (Fed Prime Rate) is 8.25%
|
--> www.FedPrimeRate.com Privacy Policy <--
> SITEMAP < |
posted by Steve Brown | 8/11/2006 10:47:00 PM
<< Home