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Thursday, May 27, 2010

Market Summary 5/27/2010

Stock Market Closing Prices – 5/27/10

Dow ( DJIA ) Close - 10258.99 +284.54
Nasdaq Stock Close – 2277.68 +81.80
S&P 500 Close – 1103.66 +35.11

Commodities Closing Prices – 5/27/10

Gold Close - 1209.70 -2.20
Oil Close – 74.37 -0.18
Natural Gas – 4.30

Stocks soared Thursday, with the major indexes gaining about 3%, The Dow added 285 points !

The Stock Market soared on news that China still like the Euro dollar!

Crude oil had its biggest gain since January, and the dollar fell about 1% against the euro. Oil for July delivery rose $3.04, to $74.55 a barrel.

Futures trading suggests stocks face a flat open on Friday.

But volume will be light because many investors will leave early for the Memorial Day weekend. Financial markets will be closed Monday for the holiday.

Stock Market May 28, 2010
Chicago PMI Report - 9:45am EST
Michigan Consumer Sentiment Report - 9:55am EST

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