Market Focus 4/27/2010

Stock Market Closing Prices – 4/27/10

Dow ( DJIA ) Close - 10991.99 -213.04
Nasdaq Stock Close – 2471.47 -51.48
S&P 500 Close – 1183.71 -28.34

Commodities Closing Prices – 4/27/10
Gold Close - 1165.50 +3.80
Oil Close – 82.28 -0.16
Natural Gas – 4.23


Stocks pull back as investors worried about debt problems in Greece and Portugal.The Dow fell 213 points closed below 11000 critical level.

Goldman Sachs CEO Lloyd Blankfein and other top executives testified in the Capitol Hill. The SEC has charged Goldman with civil fraud, accusing it of misleading investors about investments tied to subprime mortgages.

A disappointing report on home prices also weighed on sentiment today, despite strong quarterly results from Ford (F), 3M and DuPont (DD) and a report on consumer confidence that showed the highest reading since September 2008.

Futures trading suggests stocks may open lower on Wednesday as uncertainty over the European situation continues to roil markets.

Stock Market April 28, 2010

FOMC announces decision on interest-rate policy. 2:15 p.m.

Dow Chemical is set to release quarterly results. Before market open.
Sprint Nextel is scheduled to post quarterly results. Before market open.
AOL is set to release quarterly results. Before market open.