Market Summary 5/26/2010

Stock Market Closing Prices – 5/26/10

Dow ( DJIA ) Close - 9974.45 -69.30
Nasdaq Stock Close – 2195.98 -15.07
S&P 500 Close – 1067.95 -6.08

Commodities Closing Prices – 5/26/10

Gold Close - 1213.30 +0.00
Oil Close – 71.52 +0.01
Natural Gas – 4.06

Dow drops below 10,000 as worries about global growth and a slide in the euro overshadowed upbeat economic news.

The blue chips close at their lowest level since February as the euro falls.

Microsoft and McDonald's fell back. McDonald's was down 2.7% to $66.01. Microsoft was off 4.1% to $25.01, the worst performer among the 30 Dow stocks!

Durable-goods orders increase more than expected, and new-home sales hit highest level in 2 years.

Crude oil was up $2.62 to $71.37 a barrel after the Energy Department said total fuel demand gained 0.6% to 19.7 million barrels a day in the week ended May 21.

Market breadth was positive. On the NY Stock Exchange, winners beat losers three to two on volume of 1.94 billion shares. On the Nasdaq, advancers topped decliners seven to six on volume of 3.08 billion shares.

Stock Market May 27, 2010

GDP Est - 8:30am EST
Initial Claims - 8:30am EST