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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.

Wednesday, December 20, 2006

A Significant Drop In Crude Oil Inventories Contributed to All 3 Majors Retreating Today

All 3 major indices retreated today on a sharp decline in U.S. crude oil stocks. 1,380,567,720 shares were traded @ The New York Stock Exchange® today.

Summary of The U.S. Markets:

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DJIA: Closed @ 12,463.87 (-7.45)

NASDAQ: Closed @ 2,427.61 (-1.94)

S&P 500: Closed @ 1,423.53 (-2.02)

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NYMEX Crude Oil Future closed @ $63.44/barrel

NY Spot Gold closed @ $620.90/ounce

In New York, The U.S. Dollar buys 0.7572 Euros

In New York, The Euro buys 1.3206 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.595%


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