Market Summary 9/01/2010

Stock Market Closing Prices – 9/01/10

Dow ( DJIA ) Close - 10269.47 +254.75
Nasdaq Close - 2176.84 +62.81
S&P 500 Close – 1080.29 +30.96

Commodities Closing Prices – 9/01/10

Gold Close - 1246.30
Oil Close – 73.73
Natural Gas – 3.76

The Dow up 255 points to 10269, Stocks rallied as investors welcomed a rebound in Chinese manufacturing and robust economic growth in Australia. In addition, investors cheered strong economic reports on US manufacturing activity.

Gold fell $2.20 to $1,248.10. Crude oil settled up $1.99 to $73.91.
Energy shares were higher as a result.

Futures trading suggests a modestly lower open.

Economic Data: Sep 2, 2010

U.S. weekly jobless claims. 8:30 a.m.
U.S. pending home sales for July.
U.S. factory orders for July. 10 a.m.