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Economy

Economic Data (USA)

Friday, December 01, 2006

All 3 Majors Retreated Today, and for The Week

All 3 major indices retreated today, as investors got bearish in response to an ISM manufacturing index that fell below the 50% mark for the first time in years: a reliable indication that U.S. manufacturing is on the wane. All 3 majors retreated on the week as well. 1,720,780,590 shares were traded @ The New York Stock Exchange® today.

For the week, the Dow Jones Industrial Average (DJIA) lost 86.04 points (-0.706%), the NASDAQ Composite Index lost 47.05 points (-1.95%), and the S + P 500 Index lost 4.24 points (-0.304%).


Summary of The U.S. Markets:

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DJIA: Closed @ 12,194.13 (-27.80)

NASDAQ: Closed @ 2,413.21 (-18.56)

S + P 500: Closed @ 1,396.71 (-3.92)

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WTI Crude Oil Future is currently @ $63.28/barrel

NY Spot Gold closed @ $645.10/ounce

In New York, The U.S. Dollar buys 0.7509 Euros

In New York, The Euro buys 1.3318 U.S. Dollars

The Federal Funds Target Rate is 5.25%

Ten-Year Treasury Note Yield is currently @ 4.425%


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