Market Watch 1/13/10

Stock Market Closing Prices – 1/13/10

Dow Jones Industrial Average ( DJIA ) Close – 10680.77 +53.51
Nasdaq Stock Market Close – 2307.90 +25.59
S&P 500 Close – 1145.68 +9.46

Commodities Closing Prices – 1/13/10

Gold Close – 1136.40 +7.5
Oil Close – 79.94 +0.29
Natural Gas – 5.73

Stocks end higher as financials and pharmaceutical makers gain;

Financial stocks led the rally as the appearance of leading bank CEOs on Capitol Hill turned out to be less fractious than expected. The bankers endured scolding from lawmakers and acknowledged making missteps during the financial crisis.

In a sign that investors may be becoming defensive, industries seen as safer in a weak economy like health care and utilities posted some of the day's biggest gains. Drugmaker Merck & Co. was the biggest gainer in the Dow 30 following an analyst upgrade.

Tomorrow we’ll get earnings out of Intel Corp. JPMorgan Chase & Co. reports Friday.