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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.

Tuesday, December 12, 2006

The 3 Majors Declined Today Despite Cheaper Crude Oil & Fed Inaction

All 3 major indices declined today despite cheaper crude oil prices and Fed inaction on short-term interest rates. 1,529,808,610 shares were traded @ The New York Stock Exchange® today.

Summary of The U.S. Markets:

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DJIA: Closed @ 12,315.58 (-12.90)

NASDAQ: Closed @ 2,431.60 (-11.26)

S&P 500: Closed @ 1,411.56 (-1.48)

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NYMEX Crude Oil Future closed @ $61.06/barrel

NY Spot Gold closed @ $628.50/ounce

In New York, The U.S. Dollar buys 0.7531 Euros

In New York, The Euro buys 1.3278 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.491%


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