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Economy

Economic Data (USA)

Monday, August 28, 2006

Healthy Gains for The 3 Majors Today, On Cheaper Crude

The 3 major indices enjoyed healthy gains today on cheaper crude oil prices: investors got bullish on news that Tropical Storm Ernesto won't cause problems for refineries and rigs in the Gulf of Mexico. 1,157,287,620 shares were traded @ The New York Stock Exchange®.


Shares of Giant Industries Inc. (GI) gained $10.43 (+14.53%) to close @ $82.22.


Shares of Energy Partners Ltd. (EPL) gained $5.74 (+31.20%) to close @ $24.14.


Shares of InterVideo Inc. (IVII) gained $3.05 (+31.76%) to close @ $12.64.


Shares of Oilgear Co. (OLGR) gained $3.98 (+36.92%) to close @ $14.76.


Shares of Strategic Distribution Inc. (STRD) fell by $1.05 (-8.09%) to close @ $11.93.


Summary of The U.S. Markets:

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DJIA: Closed @ 11,352.01 (+67.96)

NASDAQ: Closed @ 2,160.70 (+20.41)

S&P 500: Closed @ 1,301.78 (+6.69)

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NYMEX Crude Oil Future is currently @ $70.61/barrel

NY Spot Gold closed @ $614.90/ounce (-$6.90)

In New York, The U.S. Dollar buys 0.7822 Euros

In New York, The Euro buys 1.2784 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.797%


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