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Wednesday, April 21, 2010

Market Focus 4/21/2010

Stock Market Closing Prices – 4/21/10

Dow ( DJIA ) Close - 11124.92 +7.86
Nasdaq Stock Close – 2504.61 +4.30
S&P 500 Close 1205.93 -1.24

Commodities Closing Prices – 4/21/10
Gold Close - 1148.20 +0.00
Oil Close – 83.36 -0.32
Natural Gas – 3.97

The stock market ended flat Wednesday after the glow of strong results at Apple Inc. and a few other companies faded.

Health care stocks lagged on concerns that new health care laws will hurt the industry's profits.

Financial stocks also fell after traders speculated on the fallout from a potential overhaul of government regulations.

The Dow rose about 8 points , the good news on earnings wasn't enough to give the market much of a lift.

Starbucks’ profit beat Wall Street’s expectation. After the close, its shares rose 2.6% to $26.05 from a regular close of $25.39.

EBAY shares were off 8% after hours to $24.19 after forecasting results for the rest of the year that fell short of Wall Street expectations.

Stock Market April 22, 2010

Initial Jobless Claims - 8:30am EST
U.S. existing home sales for March. 10 a.m.
President Obama promotes financial-industry regulations.

PepsiCo to report quarterly results. Before market open.
Amazon.com AMZN -- 4/22 4pm. After market close.
Microsoft MSFT -- 4/22 4pm. After market close.

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