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Tuesday, June 8, 2010

Market Summary 6/08/2010

Stock Market Closing Prices – 6/08/10

Dow ( DJIA ) Close - 9939.98 +123.49
Nasdaq Stock Close – 2170.57 -3.33
S&P 500 Close – 1062.00 -0.00

Commodities Closing Prices – 6/08/10

Gold Close - 1237.50 -6.50
Oil Close – 72.23 +0.24
Natural Gas – 4.80

Dow gained 123 points today, as the market was volatile but bounced.

Gold continues to shine. Gold for July delivery settled at $1,244, breaking the old record of $1,242.70, set on May 12.
Crude oil settled up 55 cents to $71.99 a barrel.

Futures trading suggests stocks will open modestly lower on Wednesday.

Market breadth was mixed. On the NY Stock Exchange, winners beat losers three to two on volume of 1.6 billion shares.

Asian stock markets were mostly lower Wednesday despite overnight gains on Wall Street, dragged down by lingering worries over Europe's debt crisis and brewing labor strife in China.

Economic Calendar Data - 6/9/10

Wholesale Inventories - 10am EST
Crude Inventories - 10:30am EST

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