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Economy

Economic Data (USA)

Thursday, November 02, 2006

The 3 Majors Declined on Productivity and Labor Costs Report

All 3 major indices retreated today despite the fact the crude for future delivery fell below the $58 mark: investors reacted to a discouraging report on third-quarter productivity and unit labor costs. 1,677,562,020 shares were traded @ The New York Stock Exchange®.


Summary of The U.S. Markets:

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DJIA: Closed @ 12,018.54 (-12.48)

NASDAQ: Closed @ 2,334.02 (-0.33)

S and P 500: Closed @ 1,367.34 (-0.47)

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NYMEX Crude Oil Future closed @ $57.87/barrel

NY Spot Gold is currently @ $623.40/ounce (-$1.50)

In New York, The U.S. Dollar buys 0.7826 Euros

In New York, The Euro buys 1.2778 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.596%


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