Thursday, November 16, 2006

All 3 Major Indexes Advanced Today On Cheaper Crude Oil Prices

All 3 major indices gained ground today as the price on a barrel of crude oil for future delivery dipped below the $57 mark. The Dow Jones Industrial Average (DJIA) closed with a brand new, all-time record high of 12,305.82. 1,688,856,320 shares were traded @ the New York Stock Exchange®.


Summary of The U.S. Markets:

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DJIA: Closed @ 12,305.82 (+54.11)

NASDAQ: Closed @ 2,449.06 (+6.31)

S and P 500: Closed @ 1,399.76 (+3.19)

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NYMEX Crude Oil Future is currently @ $56.03/barrel

NY Spot Gold closed @ $618.50/ounce

In New York, The U.S. Dollar buys 0.782 Euros

In New York, The Euro buys 1.2788 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.655%