Market Summary 6/24/2010

Stock Market Closing Prices – 6/24/10

Dow ( DJIA ) Close - 10152.80 -145.64
Nasdaq Stock Close – 2217.42 -36.18
S&P 500 Close – 1073.69 -18.35

Commodities Closing Prices – 6/24/10

Gold Close - 1245.50
Oil Close – 76.74
Natural Gas – 4.75

Stocks lost around 145 points Thursday, as investors mulled mixed reports on the economy and a sell-off in bank shares as Wall Street reform talk move toward a close.

Declines were broad based, with 28 of 30 Dow issues falling. Financials fall on worries about the financial regulation bill.

The selling was set off initially by more worries about a default of Greek debt . That initially pushed the euro lower, and stocks fell across the board.

Crude oil closed up 16 cents to $76.51 a barrel.

Market breadth was negative and volume was pretty modest. On the NY Stock Exchange, losers beat winners three to one on volume of 1.26 billion shares.

Although futures trading suggests the market could open higher. The key will be the last hour of trading.

Economic Calendar Data - 6/25/10

U.S. GDP revision. 8:30 a.m.
KB Home to release quarterly results.