Stock Market Closing Prices – 6/01/10
Dow ( DJIA ) Close - 10024.02 -112.61
Nasdaq Stock Close – 2222.33 -34.71
S&P 500 Close – 1070.71 -18.70
Commodities Closing Prices – 6/01/10
Gold Close - 1223.70 -1.10
Oil Close – 72.08 -0.50
Natural Gas – 4.23
The Dow fell 112 points, Better-than-expected readings on U.S. construction and manufacturing helped turn the tide in the morning. But the market sold off again heading into the close.
The sell-off comes after the government says it has started criminal and civil probes in the BP oil spill.
Crude oil fell $1.39 to $72.58 a barrel.
Semiconductor sales move higher, Hewlett-Packard plans to cut 9,000 jobs.
Perhaps Wednesday will be better. Futures trading suggests the U.S. stocks still open higher.
Economic Calendar Data - 6/2/10
Pending Home Sales - 10am EST
Crude Oil Inventories - 10:30am EST
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