Stock Market Closing Prices – 9/03/10
Dow ( DJIA ) Close - 10447.93 +127.83
Nasdaq Close - 2233.75 +33.74
S&P 500 Close – 1104.51 +14.41
Commodities Closing Prices – 9/03/10
Gold Close - 1249.20
Oil Close – 74.60
Natural Gas – 3.94
The Dow were up 128 points to 10448, Stocks rise for a fourth straight day after private-sector jobs grow more than expected, but unemployment hits 9.6%.
For the technically minded, the market is sending off some bullish signals. Most important: The S&P 500 is above 1,100 for the first time since Aug. 10.
Crude oil closed down 42 cents to $74.60 a barrel and dropped 0.8% for the week. Gold settled down $2.30 to $1,251.10 an ounce but climbed 1.1% for the week.
Markets are closed Monday for Labor Day.
Looking Forward, The big question: Will the rally continue?
The Fed's Beige Book report will be closely studied. So will President Obama's stimulus proposals to boost the economy.
Wednesday: The Federal Reserve will release its Beige Book report on the economy on Wednesday.
Thursday : brings the jobless-claims report and a report on the nation's trade balance.
Friday: The president said Friday he'll be offering new proposals next week to help boost the economy.
Friday, September 3, 2010
Thursday, September 2, 2010
The Smart Investor
"It's my job to protect you from conventional wisdom," Jim Cramer told viewers of his "Mad Money" TV show Thursday. He said that anyone who tells you ordinary people shouldn't own individual stocks is just wrong.
Cramer said it's "hogwash" for those on Wall Street to tell individual investors that the market is too hard, and that they should just go with mutual funds or index
....
Link
Cramer said it's "hogwash" for those on Wall Street to tell individual investors that the market is too hard, and that they should just go with mutual funds or index
....
Link
Market Summary 9/02/2010
Stock Market Closing Prices – 9/02/10
Dow ( DJIA ) Close - 10320.10 +50.63
Nasdaq Close - 2200.01 +23.17
S&P 500 Close – 1090.10 +9.81
Commodities Closing Prices – 9/02/10
Gold Close - 1251.50
Oil Close – 74.91
Natural Gas – 3.75
The Dow were up 51 points to 10320, third straight gain and fourth in the last five sessions.
The rally was a surprise, the economic news was helped by better-than-expected reports on jobless claims and pending home sales. Plus, retailers reported favorable August sales.
Hewlett-Packard finally wins 3Par.
Crude oil settled up $1.11 to $75.02 a barrel. Gold nears a record high, Gold settled up $5.30 to $1,253.40 an ounce.
All eyes on the unemployment report, which will be released at 8:30 a.m. ET, Friday's report is expected to show U.S. unemployment rising slightly to 9.6%.
Dow ( DJIA ) Close - 10320.10 +50.63
Nasdaq Close - 2200.01 +23.17
S&P 500 Close – 1090.10 +9.81
Commodities Closing Prices – 9/02/10
Gold Close - 1251.50
Oil Close – 74.91
Natural Gas – 3.75
The Dow were up 51 points to 10320, third straight gain and fourth in the last five sessions.
The rally was a surprise, the economic news was helped by better-than-expected reports on jobless claims and pending home sales. Plus, retailers reported favorable August sales.
Hewlett-Packard finally wins 3Par.
Crude oil settled up $1.11 to $75.02 a barrel. Gold nears a record high, Gold settled up $5.30 to $1,253.40 an ounce.
All eyes on the unemployment report, which will be released at 8:30 a.m. ET, Friday's report is expected to show U.S. unemployment rising slightly to 9.6%.
Wednesday, September 1, 2010
Market Summary 9/01/2010
Stock Market Closing Prices – 9/01/10
Dow ( DJIA ) Close - 10269.47 +254.75
Nasdaq Close - 2176.84 +62.81
S&P 500 Close – 1080.29 +30.96
Commodities Closing Prices – 9/01/10
Gold Close - 1246.30
Oil Close – 73.63
Natural Gas – 3.76
The Dow up 255 points to 10269, Stocks rallied as investors welcomed a rebound in Chinese manufacturing and robust economic growth in Australia. In addition, investors cheered strong economic reports on US manufacturing activity.
Gold fell $2.20 to $1,248.10. Crude oil settled up $1.99 to $73.91.
Energy shares were higher as a result.
Futures trading suggests a modestly lower open.
Economic Data: Sep 2, 2010
U.S. weekly jobless claims. 8:30 a.m.
U.S. pending home sales for July.
U.S. factory orders for July. 10 a.m.
Dow ( DJIA ) Close - 10269.47 +254.75
Nasdaq Close - 2176.84 +62.81
S&P 500 Close – 1080.29 +30.96
Commodities Closing Prices – 9/01/10
Gold Close - 1246.30
Oil Close – 73.63
Natural Gas – 3.76
The Dow up 255 points to 10269, Stocks rallied as investors welcomed a rebound in Chinese manufacturing and robust economic growth in Australia. In addition, investors cheered strong economic reports on US manufacturing activity.
Gold fell $2.20 to $1,248.10. Crude oil settled up $1.99 to $73.91.
Energy shares were higher as a result.
Futures trading suggests a modestly lower open.
Economic Data: Sep 2, 2010
U.S. weekly jobless claims. 8:30 a.m.
U.S. pending home sales for July.
U.S. factory orders for July. 10 a.m.
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