Market Watch 1/27/10

Stock Market Closing Prices – 1/27/10

Dow Jones Industrial Average ( DJIA ) Close – 10236.16 +41.87
Nasdaq Stock Market Close – 2221.41 +17.68
S&P 500 Close – 1097.50 +5.33

Commodities Closing Prices – 1/27/10

Gold Close – 1084.40 -13.50
Oil Close – 73.89 -
Natural Gas – 5.32

The Federal Reserve reassured stock market investors Wednesday that the economy is improving and that interest rates will stay low.

Stocks recovered from an early slide to end moderately higher after the Fed issued a more upbeat assessment of the economy following a two-day meeting on interest rates. The Dow Jones industrial average rose 42 points.

Apple Inc. rose $1.94, or 0.9 percent, to $208.99 after the company announced a IPAD tablet-style computer device today. Apple CEO Steve Jobs introduces new $499 iPad, says it's more intimate than laptop.