Market Watch 4/06/10
(2010-04-06 21:02:25)
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Stock Market Closing Prices – 4/06/10
Dow Jones Industrial Average ( DJIA ) Close – 10969.99 -3.56
Nasdaq Stock Market Close – 2436.81 +7.28
S&P 500 Close – 1189.43 +1.99
Commodities Closing Prices – 4/06/10
Gold Close - 1135.00 -0.10
Oil Close – 86.79 -0.05
Natural Gas – 4.12
The Dow edged close to the 11,000 mark but failed to cross it for a second day.
The stock market rose to its best levels of the day in afternoon trading when the release of minutes from the Federal Reserve's last meeting signaled that policymakers are more upbeat about the economy. Analysts said, however, that the minutes contained few surprises.
Companies will begin reporting earnings for the January-March quarter next week so traders will have a better sense of whether the recent climb in stocks is justified.
Crude oil hit $87 per barrel as the momentum continues in the energy sector.
Stock Market April 7, 2010
Ben Bernake speech on economic challenge
Alan Greenspan testimony on the subprime mortgage crisis before the Financial Crisis Inquiry Commission.