Modest Gains for The 3 Major Indices Today, On Cheaper Crude Oil

The 3 major indexes closed with modest gains today, as crude for future delivery got cheaper and the cost of New York Spot Gold fell by $13.20. 1,570,544,080 shares were traded @ The New York Stock Exchange®.


Shares of Dow Jones Industrial Average (DJIA) component Merck (MRK) fell by $2.35 (-5.71%) to close @ $38.83 on news of two legal setbacks, including a recent jury award of $51 million for retired FBI agent Gerald Barnett, who suffered a heart attack while taking Vioxx.


Shares of Longs Drug Stores Corporation (LDG) gained $4.00 (+9.10%) to close @ $47.96.


Shares of Blue Coat Systems Inc. (BCSI) gained $2.09 (+14.95%) to close @ $16.07.


Shares of Red Hat Inc. (RHAT) gained $2.66 (+11.54%) to close @ $25.71.


Shares of Men's Wearhouse Inc. (MW) gained $3.21 (+9.25%) to close @ $37.93.


Shares of NYSE Group (NYX) fell by $1.76 (-2.94%) to close @ $58.10. The NYSE Group owns the New York Stock Exchange®.


Summary of The U.S. Markets:

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DJIA: Closed @ 11,334.96 (+7.84)

NASDAQ: Closed @ 2,157.61 (+8.07)

S&P 500: Closed @ 1,297.48 (+2.05)

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NYMEX Crude Oil Future is currently @ $70.49/barrel

NY Spot Gold closed @ $615.30/ounce (-$13.20)

In New York, The U.S. Dollar buys 0.7796 Euros

In New York, The Euro buys 1.2826 U.S. Dollars

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

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