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Economy

Economic Data (USA)

Wednesday, December 27, 2006

All 3 Majors Advanced Today On An Encouraging New Home Sales Report

All 3 major indices advanced today as investors got bullish about the prospect that the nation's housing market may be on the rebound. The Dow Jones Industrial Average (DJIA) crossed the 12,500 mark, and closed with a brand new, record-high value: 12,510.57. 974,846,540 shares were traded @ The New York Stock Exchange® today.

Summary of The U.S. Markets:

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DJIA: Closed @ 12,510.57 (+102.94)

NASDAQ: Closed @ 2,431.22 (+17.71)

S and P 500: Closed @ 1,426.84 (+9.94)

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WTI Crude Oil Future closed @ $60.38/barrel

NY Spot Gold closed @ $627.20/ounce

In New York, The U.S. Dollar buys 0.7626 Euros

In New York, The Euro buys 1.3113 U.S. Dollars

The Federal Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.654%


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