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Monday, July 19, 2010

Market Summary 7/19/2010

Stock Market Closing Prices – 7/19/10

Dow ( DJIA ) Close - 10154.43 +56.53
Nasdaq Close - 2198.23 +19.18
S&P 500 Close – 1071.25 +6.37

Commodities Closing Prices – 7/19/10

Gold Close - 1181.70
Oil Close – 76.64
Natural Gas – 4.51

The Dow closed at 10154, up 57 points .

Stocks finish higher in regular trading as Halliburton offers strong results. Homebuilder sentiment falls to a 15-month low.

After the market closed Monday, IBM reported (IBM) earnings per share that beat analysts' expectations, but second-quarter revenue fell short of the mark. Shares of the tech giant sank 5% in extended trading.
IBM, TI results disappoint .

Tuesday features a number of key earnings reports, including results from Goldman Sachs (GS) and Johnson & Johnson (JNJ) before the open and Apple (AAPL) after the close.

Crude oil settled up 53 cents to $76.54 a barrel. Gold settled at $1,181.90 an ounce, down $6.30. So far this month, gold is down 5.1%.

Economic Data 7/20/2010
U.S. housing starts. 8:30 a.m.
American Petroleum Institute's weekly oil inventories report. 4:30 p.m.

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