Tuesday, November 28, 2006

The 3 Majors Advanced On Encouraging Housing News

All 3 major indexes managed to gain some ground today on news that October Existing Home Sales beat economists' predictions. Stock market gains were limited by a spike in crude oil prices. The dollar continued to lose value against the euro. 1,598,592,430 shares were traded @ The New York Stock Exchange® today.


Summary of The U.S. Markets:

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DJIA: Closed @ 12,136.45 (+14.74)

NASDAQ: Closed @ 2,412.61 (+6.69)

S and P 500: Closed @ 1,386.72 (+4.82)

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NYMEX Crude Oil Future is currently @ $61.10/barrel

NY Spot Gold closed @ $635.40/ounce

In New York, The U.S. Dollar buys 0.7588 Euros

In New York, The Euro buys 1.318 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.509%