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Economy

Economic Data (USA)

Friday, November 17, 2006

All 3 Major Indexes Advanced On The Week

The Dow Jones Industrial Average (DJIA) and the Standard & Poor's 500 Index both advanced today, with the DJIA hitting a brand new, all-time record high close, but the NASDAQ Composite lost some ground as investors reacted to crude oil for future delivery jumping back up near $59 per barrel, and to a discouraging October Housing Starts report released by the Commerce Department this morning. All 3 major indices advanced on the week. 1,703,818,900 shares were traded @ The New York Stock Exchange® today.

For the week, the DJIA gained 234.13 points (+1.93%), the NASDAQ Composite Index gained 56.14 points (+2.35%), and the S&P 500 Index added 20.30 points (+1.47%).


Summary of The U.S. Markets:

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DJIA: Closed @ 12,342.56 (+36.74)

NASDAQ: Closed @ 2,445.86 (-3.20)

S and P 500: Closed @ 1,401.20 (+1.44)

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NYMEX Crude Oil Future closed @ $58.97/barrel

NY Spot Gold closed @ $621.80/ounce

In New York, The U.S. Dollar buys 0.7795 Euros

In New York, The Euro buys 1.2828 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.607%


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