Market Summary 9/02/2010

Stock Market Closing Prices – 9/02/10

Dow ( DJIA ) Close - 10320.10 +50.63
Nasdaq Close - 2200.01 +23.17
S&P 500 Close – 1090.10 +9.81

Commodities Closing Prices – 9/02/10

Gold Close - 1251.50
Oil Close – 74.91
Natural Gas – 3.75

The Dow were up 51 points to 10320, third straight gain and fourth in the last five sessions.

The rally was a surprise, the economic news was helped by better-than-expected reports on jobless claims and pending home sales. Plus, retailers reported favorable August sales.

Hewlett-Packard finally wins 3Par.

Crude oil settled up $1.11 to $75.02 a barrel. Gold nears a record high, Gold settled up $5.30 to $1,253.40 an ounce.

All eyes on the unemployment report, which will be released at 8:30 a.m. ET, Friday's report is expected to show U.S. unemployment rising slightly to 9.6%.