Market Summary 10/20/2010

Stock Market Closing Prices – 10/20/2010

Dow ( DJIA ) Close      -            11107.97       +129.35

Nasdaq                     -                 2457.39           +20.44       

S&P 500 Close            -             1178.17            +12.27

Commodities Closing Prices  –  10/20/10

Gold Close     -        1343.30

Oil Close        –           81.85

Natural Gas    –            3.52

The Dow closed to 11108 today, as stock market makes a big turnaround, gains 129 points.

The market recovered most of its Tuesday losses , thanks to falling dollar that boosted commodity prices. Plus , there were strong earnings from Boeing, Wells Fargo and airlines and others.

Gold settled up $8.20 to $1,344.20 an ounce. Crude oil for December delivery added $2.38, to $82.54 a barrel.

Futures trading suggests today's momentum will continue Thursday. 

Economic Data: Oct. 21, 2010

U.S. jobless claims data released. 8:30 a.m.

Caterpillar is scheduled to report quarterly results before market open.

McDonald's is slated to report results for the quarter before market open.