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Friday, May 28, 2010

Market Summary 5/28/2010

Stock Market Closing Prices – 5/28/10

Dow ( DJIA ) Close - 10136.63 -122.36
Nasdaq Stock Close – 2257.04 -20.64
S&P 500 Close – 1089.41 -13.65

Commodities Closing Prices – 5/28/10

Gold Close - 1212.20 +1.50
Oil Close – 73.97 -1.35
Natural Gas – 4.35

Stocks falls 122 points Friday at the end of the Dow's worst month in 70 years, after a downgrade of Spain's debt reminded investors that Europe's economic woes continue.

U.S. light crude oil for July delivery fell 58 cents to settle at $73.97 a barrel on the New York Mercantile Exchange.

BP has spent $1 billion on the oil spill. US markets will close Monday for Memorial Day.

Market breadth was negative. On the NY Stock Exchange, losers beat winners two to one on volume of 1.45 billion shares. On the Nasdaq, decliners topped advancers by two to one on volume of 2.18 billion shares.

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