Market Summary 8/31/2010

Stock Market Closing Prices – 8/31/10

Dow ( DJIA ) Close - 10014.72 +4.99
Nasdaq Close - 2114.03 -5.94
S&P 500 Close – 1049.33 +0.41

Commodities Closing Prices – 8/31/10

Gold Close - 1248.30
Oil Close – 71.62
Natural Gas – 3.82

The Dow up 5 points to 10014, stocks struggled all day and ended modestly lower as traders bid goodbye to a crummy August.

The indexes end down more than 4% in August. Volume continued to be light.

Expert said trading will probably remain volatile as investors await key economic reports due later this week, including non-farms payroll report on Friday. It's hard to be long or short ahead of the non-farms payroll report.

Crude oil was settled down $2.78,to $71.92, a victim of economic worry. Gold jumps above $1,250.

Economic Data: Sep 1, 2010

8:15am ADP Employment Change
10:00am Construction Spending
10:00am ISM Index



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