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Stock Market Blog

News and Notes about The Dow Jones Industrial Average (DJIA), The NASDAQ Composite Index, The S & P 500 Index, New York Spot Gold, NYMEX Crude Oil Future, the 10-Year Treasury Note Yield, the Federal Funds Target Rate and the New York Stock Markets in General.

Thursday, August 24, 2006

Modest Gains for The 3 Major Indices Today, As Crude Oil Prices Climbed

The 3 major indexes enjoyed modest gains today as the price on crude for future delivery climbed. 1,247,755,040 shares were traded @ The New York Stock Exchange®.


Shares of Dow Jones Industrial Average (DJIA) component Exxon Mobil (XOM) gained $1.09 to close @ $70.72.


Shares of Fannie Mae (FNM) gained $2.36 to close @ $51.53 on news that the Justice Department has completed its probe into the company's accounting practices.


Shares of EBay (EBAY) fell by $1.22 to close @ $25.78.


Summary of The U.S. Markets:

----------------------------------------------------------

DJIA: Closed @ 11,304.46 (+6.56)

NASDAQ: Closed @ 2,137.11 (+2.45)

S&P 500: Closed @ 1,296.06 (+3.07)

----------------------------------------------------------

NYMEX Crude Oil Future is currently @ $73.04/barrel

NY Spot Gold closed @ $619.40/ounce (-$3.80)

In New York, The U.S. Dollar buys 0.7828 Euros

In New York, The Euro buys 1.2774 U.S. Dollars

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

10-Year Treasury Note Yield is currently @ 4.803%


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