Market Watch 1/15/10

Stock Market Closing Prices – 1/15/10

Dow Jones Industrial Average ( DJIA ) Close – 10609.65 -100.90
Nasdaq Stock Market Close – 2287.99 -28.75
S&P 500 Close – 1136.03 -12.43

Commodities Closing Prices – 1/15/10

Gold Close – 1130.10 -12.50
Oil Close – 78.00 -1.39
Natural Gas – 5.69

Stocks slide as JPMorgan's revenue falls short; consumer sentiment fans concerns about economy.

JPMorgan, regarded as one of the strongest U.S. banks, warned investors it was too soon to say that losses on mortgages and other loans have peaked. The weakness in JPMorgan's consumer business hurt other financial stocks, which led the rest of the market lower.

The day's slide as investors await earnings next week from Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., Morgan Stanley and Wells Fargo & Co. Apple and General Electric will be reporting also.

The market will get additional signals about the economy next week as many more companies report earnings. U.S. markets are closed on Monday for Martin Luther King Jr. Day.