Market Focus 5/11/2010

Stock Market Closing Prices – 5/11/10

Dow ( DJIA ) Close - 10748.26 -36.88
Nasdaq Stock Close – 2375.31 +0.64
S&P 500 Close – 1155.79 -3.94

Commodities Closing Prices – 5/11/10

Gold Close - 1210.00 +10.90
Oil Close – 75.75 -0.62
Natural Gas – 4.14

The Dow lost 35 points, after having been down nearly 100 points and then up 89 points earlier in the session. The S&P 500 index lost 4 points, and the Nasdaq was little changed.

However, the worries of the last few weeks pushed investors into safe-haven areas such as the U.S. dollar and gold. Gold hits a new closing high settled at a record high of $1,220.30, up $19.50 an ounce.

Disney reported better-than-expected results.

That suggests skepticism about the market's strength going forward.

Stock Market May 12, 2010.

Crude Inventories - 10:30am EST

Macy's is set to announce quarterly results. Before market open.
Cisco Systems is scheduled to report quarterly results. After market close.
Whole Foods Markets is slated to release quarterly results. After market close.