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Monday, June 7, 2010

Market Summary 6/07/2010

Stock Market Closing Prices – 6/07/10

Dow ( DJIA ) Close - 9816.49 -115.48
Nasdaq Stock Close – 2173.90 -45.27
S&P 500 Close – 1050.47 -14.41

Commodities Closing Prices – 6/07/10

Gold Close - 1238.00 -1.30
Oil Close – 71.73 +0.29
Natural Gas – 4.92

Dow falls 115 points Monday, with the Dow and S&P 500 ending at 7-month lows, after the euro hit a fresh four-year low, adding to worries about the global economy.

Tech stocks fell back, Apple falls as investors see the iPhone facing more competition. BP sees progress on containing the big spill.

Crude oil was off 7 cents to $71.44. Natural gas rose 11.9 cents to $4.916 per million British thermal units.

The loss left many analysts and traders worried about more losses on Tuesday, but futures trading suggests a higher open.

Economic Calendar Data - 6/8/10

Dollar General to report quarterly results. Before market open.
Talbots to announce quarterly results. Before market open.

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