Market Summary 9/01/2010
(2010-09-01 21:39:23)
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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 – 73.73
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.