Market Watch 2/25/10

Stock Market Closing Prices – 2/25/10

Dow Jones Industrial Average ( DJIA ) Close – 10321.03 -53.13
Nasdaq Stock Market Close – 2234.22 -1.68
S&P 500 Close – 1102.93 -2.31

Commodities Closing Prices – 2/25/10

Gold Close – 1107.80 +11.30
Oil Close – 78.55 -2.31
Natural Gas – 4.78

Market drops on concerns that an unexpected rise in first-time claims for unemployment insurance.

When Ben Bernanke talks, The Wall Street always pay attention. Today, Bernanke repeated a message he delivered Wednesday to the House Financial Services Committee: that record-low interest rates are still needed to ensure the economic recovery lasts and to help relieve high unemployment.

Apple CEO Jobs says cash means security and flexibility in today’s shareholders meeting. AAPL goes up 1.34 close at 202.

Tomorrow’s economic data,
GDP - 4th Quarter - 8:30am EST
Chicago PMI - February 2010 - 9:45am EST
Existing Home Sales – Jan - 10:00 EST