.comment-link {margin-left:.6em;}



Economy

Economic Data (USA)

Wednesday, September 06, 2006

The 3 Majors Closed Lower Today On Concerns About Inflation and Interest Rates

The 3 major indices closed lower today despite the fact that crude for future delivery dipped below the $68 mark: Unit Labor Costs climbed at a higher-than-expected rate in the second-quarter, which led many investors to worry that the Federal Open Market Committee (FOMC) may raise interest rates before the year is out. 1,435,295,920 shares were traded @ The New York Stock Exchange®.


Shares of Dow Jones Industrial Average (DJIA) component Exxon Mobil (XOM) gained $1.30 (+1.90%) to close @ $67.18.


Shares of Donaldson Company Inc. (DCI) added $5.28 (+15.97%) to close @ $38.34.


Shares of FMS Financial Corporation (FMCO) added $2.65 (+15.19%) to close @ $20.10.


Shares of Datalink Corporation (DTLK) added $1.12 (+15.07%) to close @ $8.55.


Shares of Hain Celestial Group Inc. (HAIN) added $2.15 (+9.27%) to close @ $25.35.


Shares of Hain Celestial Group Inc. (HAIN) added $2.15 (+9.27%) to close @ $25.35.


Shares of Apple Computer (AAPL) lost $1.45 (-2.03%) to close @ $70.03 (currently, Apple is delinquent in its regulatory filings.)


Shares of Genomic Health Inc. (GHDX) lost $2.43 (-17.38%) to close @ $11.55.


Shares of Komag Inc. (KOMG) lost $4.93 (-13.60%) to close @ $31.33.


Shares of Verasun Energy Corporation (VSE) lost $2.31 (-10.94%) to close @ $18.80.


Shares of Carrier Access Corporation (CACS) lost $3.34 (-36.62%) to close @ $5.78.


Shares of Wolverine Tube Inc. (WLV) lost $1.35 (-26.16%) to close @ $3.81.


Shares of PlanetOut Inc. (LGBT) lost $1.13 (-26.97%) to close @ $3.06.


Summary of The U.S. Markets:

----------------------------------------------------------

DJIA: Closed @ 11,406.20 (-63.08)

NASDAQ: Closed @ 2,167.84 (-37.86)

S&P 500: Closed @ 1,300.26 (-12.99)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $67.60/barrel

NY Spot Gold closed @ $633.40/ounce (-$5.00)

In New York, The U.S. Dollar buys 0.7796 Euros

In New York, The Euro buys 1.2826 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.801%


>  SITEMAP  <

Links to this post:

Create a Link

<< Home


www.FedPrimeRate.com
Entire Website © 2017 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.