Market Focus 5/13/2010

Stock Market Closing Prices – 5/13/10

Dow ( DJIA ) Close - 10782.95 -113.96
Nasdaq Stock Close – 2394.36 -30.66
S&P 500 Close – 1157.43 -14.24

Commodities Closing Prices – 5/13/10

Gold Close - 1210.00 +10.90
Oil Close – 73.74 -0.66
Natural Gas – 4.31

Stocks slumped Thursday, with the Dow losing 114 points, as investors stepped back after propelling markets 5% higher in just three days.

The dollar strengthened versus the euro, dragging down dollar-traded oil, gold prices and stocks.

The Dow falls on weakness in Cisco, Apple, retail and financial shares. Gold, oil and the euro all fall.

New jobless claims drop for a fourth straight week.
Crude oil settled at $74.40, down 1.7% on the day. Oil is down 13.6% this month.

Futures trading suggests the market will open lower.


Stock Market May 14, 2010.

Retail Sales - 8:30am EST 0.03%