Market Summary 9/20/2010

Stock Market Closing Prices – 9/20/10

Dow ( DJIA ) Close      -            10753.62        +145.77

Nasdaq                    -               2355.83          +40.22

S&P 500 Close             –            1142.71          +17.12

Commodities Closing Prices  –  9/20/10

Gold Close    -        1279.00

Oil Close       –           74.44

Natural Gas -           3.84

The Dow  were up 146 points to 10754 . The S&P closed above 1,130 for the first time since May 17.

We had a bullish tone out of President Obama’s speech on CNBC. We also received confirmation today that the recession is over.

Crude oil closed up $1.20 to $74.86 after rising to as high as $675.45. Gold settled up $3.30 to $1,280.80 an ounce.

Despite today's excitement, futures trading suggests that stocks will open flat on Tuesday.

The one downside to the rally: The extra yield investors demand to own Ireland and Portugal’s
government debt jumped to a record high.

Economic Data: September 21, 2010

U.S. Federal Reserve monetary policy announcement. 2:15 p.m.
U.S. housing starts for August. 8:30 a.m.