Market Watch 4/13/10

Stock Market Closing Prices – 4/13/10

Dow Jones Industrial Average ( DJIA ) Close – 11019.42 +13.45
Nasdaq Stock Market Close – 2465.99 +8.12
S&P 500 Close – 1197.30 +0.82

Commodities Closing Prices – 4/13/10
Gold Close - 1153.40 +0.60
Oil Close – 84.37 +0.32
Natural Gas – 4.14

Wall St. cheers Intel, CSX earnings, The companies' first-quarter profits exceed estimates and could give stocks a boost on Wednesday.

Intel and CSX should put traders in a good mood on Wednesday. The big report due
before the open is JPM (JPMorgan Chase), expected to report earnings of 63 cents a share, up 57% from a year ago.

The one area of weakness today was energy stocks, a reflection of a decline in oil prices early in the day due to a forecast of growing global oil supplies.

As for the hottest stock ABK, JP Morgan was out with a note telling their clients that the stock has no value.So then ABK fell all the way down below $2.

Stock Market 4/14/10

Retail Sales - March 2010 - 8:30am EST
J.P. Morgan Chase is scheduled to report quarterly results. Before market open.
Ben Bernanke testifies on the Economic Outlook