Market Watch 3/05/10

Stock Market Closing Prices – 3/05/10

Dow Jones Industrial Average ( DJIA ) Close – 10566.20 +122.06
Nasdaq Stock Market Close – 2326.35 +34.04
S&P 500 Close – 1138.69 +15.72

Commodities Closing Prices – 3/05/10
Gold Close 2234.80 +2.20
Oil Close – 81.50 +1.58
Natural Gas – 4.59

Stocks jump after better-than-expected jobs report today.

The expert said March's results could be even better because the bad weather likely made February's job losses worse.

Energy companies were among the biggest winners on the day as oil rose $1.29 to $81.50 a barrel. Chevron rose $1.22 to $74.30, while ExxonMobil rose $1.07 to $66.47.

Financial stocks also got a boost from the improved employment numbers, Citigroup Inc.'s report that it had made money in early 2009 helped jump-start the recovery. Bank of America Corp. rose 30 cents to $16.70, while JPMorgan Chase & Co. climbed 89 cents to $42.81.

Next week’s economic report,
Wholesale inventories
Retail sales

Earnings Calendar ,
Freddie Mac (FRE) --- 3/8 8am