Market Watch 2/02/10

Stock Market Closing Prices – 2/02/10

Dow Jones Industrial Average ( DJIA ) Close – 10296.85 +111.32
Nasdaq Stock Market Close – 2190.06 +18.86
S&P 500 Close – 1103.32 +14.14

Commodities Closing Prices – 2/02/10

Gold Close – 1113.50 -3.90
Oil Close – 76.91 -0.32
Natural Gas – 5.46

Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.

An increase in the number of people with contracts to buy homes and the first profit at homebuilder D.R. Horton in three years raised hopes that one of the weakest parts of the economy is improving.

The housing report brought a positive tone to the market, The next major event will be the jobs report on Friday.