All 3 Majors Retreated Today On Slower-Than-Expected Existing Home Sales
All 3 major indices retreated today on slower-than-expected December existing homes sales, and news that Ford Motor lost a record $12.7 billion last year (Both General Motors and DaimlerChrysler are also expected to report a loss for 2006.) 1,760,388,250 shares were traded @ The New York Stock Exchange® today.
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 12,502.56 (-119.21)
NASDAQ: Closed @ 2,434.24 (-32.04)
S + P 500: Closed @ 1,423.90 (-16.23)
----------------------------------------------------------
WTI Crude Oil Future closed @ $54.54/barrel
NY Spot Gold closed @ $645.90/ounce
In New York, The U.S. Dollar buys 0.7738 Euros
In New York, The Euro buys 1.2924 U.S. Dollars
The Fed Funds Target Rate is 5.25%
Ten-Year Treasury Note Yield is currently @ 4.867%
Summary of The U.S. Markets:
----------------------------------------------------------
DJIA: Closed @ 12,502.56 (-119.21)
NASDAQ: Closed @ 2,434.24 (-32.04)
S + P 500: Closed @ 1,423.90 (-16.23)
----------------------------------------------------------
WTI Crude Oil Future closed @ $54.54/barrel
NY Spot Gold closed @ $645.90/ounce
In New York, The U.S. Dollar buys 0.7738 Euros
In New York, The Euro buys 1.2924 U.S. Dollars
The Fed Funds Target Rate is 5.25%
Ten-Year Treasury Note Yield is currently @ 4.867%
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posted by Steve Brown | 1/25/2007 11:37:00 PM
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