Market Watch 3/01/10

Stock Market Closing Prices – 3/01/10

Dow Jones Industrial Average ( DJIA ) Close – 10403.79 +78.53
Nasdaq Stock Market Close – 2273.57 +35.31
S&P 500 Close – 1115.71 +11.22

Commodities Closing Prices – 3/01/10

Gold Close – 1117.80 -0.50
Oil Close – 78.65 -0.50
Natural Gas – 4.68

AIG is under pressure to pay back its government loans, which agreed to sell its prized Asian life insurance business to Britain's Prudential PLC for $35.5 billion. AIG also wants to sell the division, known as AIA Group, as part of its plan to streamline operations and repay the government.

Trading volume was light Monday, which is a sign that many investors aren't taking part in the buying.

SanDisk increased its first-quarter revenue forecast. Shares of the maker of flash memory cards, which are used in electronics like cameras, rose $3.48, or 11.9 percent, to $32.63.

Tomorrow’s economic report,
Auto & Trucks Sales - February 2010 - 2pm EST

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