Friday, October 20, 2006

S&P 500 and The NASDAQ Composite Gain; Dow Retreats

The NASDAQ Composite and the S + P 500 indices gained some ground today, while Caterpillar's 14.5% decline contributed much to the Dow Jones Industrial Average (DJIA) closing lower. 1,639,067,110 shares were traded @ The New York Stock Exchange®.

For the week, the DJIA gained 41.86 points (+0.35%), the NASDAQ Composite Index lost 14.99 points (-0.64%), and the S + P 500 Index added 2.98 points (+0.218%).


Shares of DJIA component Merck (MRK) added $1.15 (+2.58%) to close @ $45.64.

Shares of DJIA component Coca Cola (KO) added $1.84 (+4.10%) to close @ $46.75.

Shares of DJIA component Caterpillar (CAT) lost $10.02 (-14.52%) to close @ $59.00.


Miscellaneous Gainers:

Shares of Bairnco Corporation (BZ) added $1.19 (+10.04%) to close @ $13.04.


Shares of Mindray Medical International Ltd. (MR) added $1.33 (+8.34%) to close @ $17.28.


Shares of Google Inc. (GOOG) added $33.61 (+7.89%) to close @ $459.67.


Shares of Synaptics Inc. (SYNA) added $3.97 (+16.48%) to close @ $28.06.


Shares of ExlService Holdings (EXLS) added $5.34 (+39.56%) to close @ $18.84 on the stock's first day of trading. Yesterday's IPO made about 18% of the company available to the public, and generated $67.5 million on 5 million shares sold. Price forecast was in the $10-$12 range, but ended up starting at $13.50 per share.


Shares of Osiris Therapeutics (OSIR) added $2.00 (+13.32%) to close @ $17.02.


Shares of Sun Healthcare Group Inc. (SUNH) added $1.60 (+13.45%) to close @ $13.50 on news that the company is purchasing Harborside Healthcare Corporation in a deal valued at around $350 million. Sun Healthcare will either assume or refinance Harborside's $275 million of debt.


Miscellaneous Decliners:

Shares of UnionBanCal Corporation (UB) lost $4.73 (-7.64%) to close @ $57.21.


Shares of SanDisk Corporation (SNDK) lost $12.585 (-20.39%) to close @ $49.145.


Shares of msystems Ltd. (FLSH) lost $9.61 (-20.59%) to close @ $37.06.


Shares of Agrium Inc. (AGU) lost $2.46 (-8.55%) to close @ $26.31.


Shares of Insteel Industries Inc. (IIIN) lost $4.88 (-22.24%) to close @ $17.06.


Shares of Senomyx Inc. (SNMX) lost $2.99 (-16.40%) to close @ $15.24.


Summary of The U.S. Markets:

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DJIA: Closed @ 12,002.37 (-9.36)

NASDAQ: Closed @ 2,342.30 (+1.36)

S&P 500: Closed @ 1,368.60 (+1.64)

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NYMEX Crude Oil Future is currently @ $59.33/barrel

NY Spot Gold is currently @ $592.80/ounce (-$6.00)

In New York, The U.S. Dollar buys 0.7926 Euros

In New York, The Euro buys 1.2617 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.784%