Stock Market Closing Prices – 8/26/10
Dow ( DJIA ) Close - 9985.81 -74.25
Nasdaq Close - 2118.69 -22.85
S&P 500 Close – 1047.22 -8.11
Commodities Closing Prices – 8/26/10
Gold Close - 1237.70
Oil Close – 72.96
Natural Gas – 3.83
The Dow closed down 74 points to 9986 .
The bears won the day today as economic fears and weakness in IBM and Cisco weighted market.
Jobless claims aren't as bad as expected. Gold dips; crude oil rises.
The battle will erupt again Friday when the government reports a revision to GDP and Fed Chairman Ben Bernanke discusses how the Fed can help the economy start growing again.
Economic Data: August 27, 2010
U.S. second-quarter GDP revision. 8:30 a.m.
Final Univ. of Michigan consumer sentiment for August. 10 a.m.
Fed Chairman Ben Bernanke keynote speech at Jackson Hole, Wyo., conference. 10 a.m.
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