Market Summary 10/26/2010

Stock Market Closing Prices – 10/26/2010

Dow ( DJIA ) Close      -            11169.46       +5.41

Nasdaq                     -              2497.29         +6.44       

S&P 500 Close            -                 1185.64          +0.02

Commodities Closing Prices  –  10/26/10

Gold Close     -        1338.00

Oil Close        –           82.43

Natural Gas    –            3.33

The Dow closed up 5 points to 11169 today, as stock market traded slightly higher.

The problem was that higher raw-material costs and a weak economy combined to produce disappointing earnings from US Steel(X), Cummins (CMI) and Kimberly-Clark (KMB). However, Ford (F) reported a better–than-expected earning report, Shares were up 1.5% to $14.36.

The dollar moves higher. Crude oil settled up 3 cents to $82.44 a barrel. Gold settled down 30 cents to $1,338.60 an ounce.

Oct. 27, 2010 – Wednesday

U.S. durable goods orders for September. 8:30 a.m.

U.S. new home sales for September. 10 a.m.

Procter & Gamble to announce quarterly results before market open.