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Economy

Economic Data (USA)

Friday, October 27, 2006

The 3 Majors Declined Today On Soft GDP Numbers, But All 3 Advanced On The Week

The 3 major indexes retreated today on weak Gross Domestic Product (GDP) estimates for the third quarter, but all 3 majors gained for the week. 1,556,744,780 shares were traded @ The New York Stock Exchange®.

For the week, the Dow Jones Industrial Average (DJIA) gained 87.89 points (+0.732%), the NASDAQ Composite Index added 8.32 points (+0.355%), and the S&P 500 Index added 8.74 points (+0.639%).


Shares of DJIA component Caterpillar (CAT) lost $1.08 (-1.73%) to close @ $61.27.

Shares of DJIA component Wal-Mart (WMT) lost $1.02 (-1.97%) to close @ $50.73.


Miscellaneous Gainers:

Shares of Rinker Group Ltd. (RIN) added $17.70 (+33.15%) to close @ $71.10 on news that Mexico-based Cemex -- the global #3 cement producer -- has bid around $12 billion to buy the company.

Shares of Florida Rock Industries (FRK) added $2.99 (+7.46%) to close @ $43.09.


Shares of Texas Pacific Land Trust (TPL) added $12.99 (+8.43%) to close @ $166.99.


Shares of Vertex Pharmaceuticals Inc. (VRTX) added $6.09 (+17.62%) to close @ $40.66.


Shares of Volcom Inc (VLCM) added $3.32 (+11.68%) to close @ $31.74.


Shares of Netgear Inc. (NTGR) added $3.84 (+16.24%) to close @ $27.48.


Shares of Home Inns & Hotels (HMIN) added $2.94 (+13.07%) to close @ $25.44.


Miscellaneous Decliners:

Shares of Google Inc. (GOOG) lost $9.90 (-2.04%) to close @ $475.20.


Shares of Alltel Corporation (AT) lost $4.19 (-7.20%) to close @ $53.99.


Shares of Invitrogen Corporation (IVGN) lost $8.03 (-12.16%) to close @ $58.01.


Shares of Bright Horizons Family Solutions (BFAM) lost $5.65 (-12.81%) to close @ $38.44.


Shares of Hittite Microwave Corporation (HITT) lost $6.42 (-15.05%) to close @ $36.25.


Shares of CommScope Inc. (CTV) lost $3.00 (-8.54%) to close @ $32.13.


Shares of Georgia Gulf Corporation (GGC) lost $4.99 (-18.54%) to close @ $21.93.


Shares of Aspreva Pharmaceuticals Corporation (ASPV) lost $3.16 (-14.27%) to close @ $18.99.


Shares of Interphase Corporation (INPH) lost $2.22 (-21.87%) to close @ $7.93.


Summary of The U.S. Markets:

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

DJIA: Closed @ 12,090.26 (-73.40)

NASDAQ: Closed @ 2,350.62 (-28.48)

S&P 500: Closed @ 1,377.34 (-11.74)

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

NYMEX Crude Oil Future closed @ $60.75/barrel

NY Spot Gold closed @ $598.00/ounce (+$1.40)

In New York, The U.S. Dollar buys 0.7848 Euros

In New York, a euro buys 1.2742 U.S. dollars

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

10-Year Treasury Note Yield is currently @ 4.675%


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