Market Focus 5/18/2010

Stock Market Closing Prices – 5/18/10

Dow ( DJIA ) Close - 10510.95 -114.88
Nasdaq Stock Close – 2317.26 -36.97
S&P 500 Close – 1120.80 -16.14

Commodities Closing Prices – 5/18/10

Gold Close - 1210.00 +10.90
Oil Close – 68.65 -0.76
Natural Gas – 4.34

The Dow falls 115 points after euro falls to new four-year low.

Financials drop on regulatory worries that financial-reform legislation will kill profits. Wells Fargo & Co. fell $1.38, to $30.59, while Citigroup Inc. fell 13 cents, to $3.73.

Crude oil closed down 67 cents to $69.41 a barrel, its first close below $70 since Oct. 7, 2009.

Hewlett-Packard reported better-than-expected results after the close which cheer Street.

Stock Market May 19, 2010

U.S. consumer price index for April. 8:30 a.m.
Key procedural vote in Senate on the bank reform bill. 10 a.m.
Federal Reserve to release minutes from FOMC's April meeting. 2 p.m.

Target to report quarterly results. Before market open.