Market Watch 2/16/10

Stock Market Closing Prices – 2/16/10

Dow Jones Industrial Average ( DJIA ) Close – 10268.81 +169.67
Nasdaq Stock Market Close – 2214.19 +30.66
S&P 500 Close – 1094.87 +19.36

Commodities Closing Prices – 2/16/10

Gold Close – 1119.30 +29.80
Oil Close – 77.26 +0.25
Natural Gas – 5.35

Today, Investors come back from the long weekend, shark off the worries and buy the stocks.

The Dow Jones industrials soared almost 170 points Tuesday on upbeat earnings reports and corporate deals. Investors who have been anxious in recent weeks about economic problems overseas were able to put aside their concerns for the time being. They focused instead on the domestic economy.

A report on manufacturing in the New York area was stronger than expected.

Reports on housing starts, jobless claims and inflation are due out later this week.

Tomorrow’s report,
Housing Starts
Industrial Production
Treasure Budget
Minutes of FOMC Meeting