Market Summary 6/30/2010

Stock Market Closing Prices – 6/30/10

Dow ( DJIA ) Close - 9774.02 -96.28
Nasdaq Stock Close – 2109.24 -25.94
S&P 500 Close – 1030.71 -10.53

Commodities Closing Prices – 6/30/10

Gold Close - 1240.20
Oil Close – 74.78
Natural Gas – 4.62

The Dow drops 96 points in late-day, Stocks end the quarter with their biggest losses since the 2008 crash.

Business activity continues to expand in the Chicago region.

Crude oil fell 31 cents to $75.63 a barrel after falling to as low as $74.39.

Futures trading sees stocks opening lower on Thursday. The big news will be June sales for automakers.

At the same time, technically minded traders are worried because the Dow, the S&P 500 and the Nasdaq all show classic head-and-shoulders patterns, which often lead to continued downturns.

Economic Data - 7/01/2010

U.S. jobless claims data are released. 8:30 a.m.
Car makers to report U.S. vehicle sales for June.