The 3 Major Indices Lost Ground Today As Investors Reacted to The Labor Department's Employment Situation Report

All 3 major indexes retreated today as investors reacted to the Labor Department's Employment Situation report for March, 2006: the strong employment numbers may prompt The Fed to raise the benchmark Fed Funds Rate beyond 5% later this year. 1,528,061,230 shares were traded @ The New York Stock Exchange® today.


Shares of aluminum giant and Dow Jones Industrial Average (DJIA) component Alcoa gained $0.34 to close @ $32.50.


Shares of Research In Motion lost $4.60 to close @ $79.78 on news that company projections for new BlackBerry subscribers for this quarter will miss analyst expectations.


Shares of Apple Computer fell by $1.45 to close @ $69.79.


Shares of Constellation lost $1.47 to close @ $23.99. Constellation is the global #1 wine producer.


Shares of ConocoPhillips lost $1.29 to close @ $65.96.


Shares of New York City's Consolidated Edison (ConEd) lost $0.83 to close @ $42.39.

Shares of Exelon Corp fell by $1.37 to close @ $51.95.


Summary of The New York Markets:

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DJIA: Closed Lower @ 11,120.04 (-96.46)

NASDAQ: Closed Lower @ 2,339.02 (-22.15)

S&P 500: Closed Lower @ 1,295.50 (-13.54)

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NYMEX Crude Oil Future closed @ $67.43/barrel

NY Spot Gold fell by $6.80 to close @ $587.80/ounce

Currently, The U.S. Dollar buys 0.8269 Euros

Currently, The Euro buys 1.2093 U.S. Dollars

The U.S. Prime Rate (WSJ Prime Rate) is 7.75%

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