Market Summary 7/28/2010

Stock Market Closing Prices – 7/28/10

Dow ( DJIA ) Close - 10497.88 -39.81
Nasdaq Close - 2264.56 -23.69
S&P 500 Close – 1106.13 -7.71

Commodities Closing Prices – 7/28/10

Gold Close - 1160.40
Oil Close – 77.11
Natural Gas – 4.77

The Dow is down -40 points.

Stocks fell Wednesday as a worse-than-expected report on durable goods orders and others added to concerns about the pace of the economic recovery.

In addition, a revenue miss from Boeing (BA) weighed on the market.
Telecom and energy shares were the leading market sectors. Financial and health care stocks were the laggards.

U.S. light crude oil for September delivery fell 19 cents to $76.80 a barrel .COMEX gold for August delivery rose $2.80 to $1,163.90 per ounce.

Market breadth was negative. On the NY Exchange, volume came to 1 billion shares. On the Nasdaq, volume came to 1.88 billion shares.


Economic Calendar Data - 7/29/10

US weekly jobless claims from the labor Department 8:30 am

Exxon Mobil/ Motorola is scheduled to release quarterly results before market open.
Amgen/MetLife is scheduled to release quarterly results after market close.