Stock Market Closing Prices – 8/18/10
Dow ( DJIA ) Close - 10415.54 +9.69
Nasdaq Close - 2215.70 +6.26
S&P 500 Close – 1094.16 +1.62
Commodities Closing Prices – 8/18/10
Gold Close - 1229.70
Oil Close – 75.30
Natural Gas – 4.24
The Dow is up 10 points to 10416, as no major economic releases on Wednesday.
The blue chips had been down as many as 76 points and up as many as 66 points. Finally, the market recovered all of its early losses. But the rally appeared to lose steam near the close.
Target reported better-than-expected quarterly result which cheers investors. Just before the close , GM files to go public.
Crude oil was down 35 cents to $75.32 a barrel. Gold for December delivery settled up $3.10 to $1,231.40 an ounce.
All eyes tomorrow will be on the weekly initial jobless claims.
Economic Calendar Data: 8/19/2010
U.S. weekly jobless claims. 8:30 a.m.
Sears /Williams-Sonoma.. is set to report quarterly results before market open.
HPQ / Dell.. is scheduled to report quarterly results after market close.
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