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Friday, September 10, 2010

Market Summary 9/10/2010

Stock Market Closing Prices – 9/10/10

Dow ( DJIA ) Close - 10462.77 +47.53
Nasdaq Close - 2242.48 +6.28
S&P 500 Close – 1109.55 +5.37

Commodities Closing Prices – 9/10/10

Gold Close - 1248.90
Oil Close – 74.78
Natural Gas – 3.88

The Dow were up 48 points to 10463 for the second week in row.

The market finished higher for the 3rd straight day as gains in energy and health care offset weakness in semiconductor stocks.

The market got a boost in the morning from China. The government said imports increased 35% in August.

The idea of a growing global economy boosted oil prices. Crude settled up $2.20 to $76.45 a barrel. For the week, crude was up 2.5%.

Gold settled down $4.40 to $1,246.50 an ounce and ended the week off 0.4%.

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