Market Summary 7/12/2010

Stock Market Closing Prices – 7/12/10

Dow ( DJIA ) Close - 10216.27 +18.24
Nasdaq Close - 2198.36 +1.91
S&P 500 Close – 1078.75 +0.79

Commodities Closing Prices – 7/12/10

Gold Close - 1198.50
Oil Close – 74.69
Natural Gas – 4.40

Stocks finished slightly higher today, posting their fifth straight gain, and better-than-expected results from aluminum giant Alcoa (AA) may give stocks a boost on Tuesday.

Overall, second-quarter profits are expected to be up 27%, according to Thomson Reuters.

Semiconductor giant Intel (INTC) reports after Tuesday's close. Analysts expect 43 cents a share in earnings on revenue of $10.25 billion.

Crude oil closed down $1.14 to $74.95 a barrel. Gold settled down $11.70 to $1,198.70. Crude had risen 5.5% last week as the stock market moved higher.

Market Breadth was negative and volume was fairly light. On the New York Stock Exchange, where volume came to 855 million shares. On the Nasdaq, volume came to1.78 billion shares.

Economic Calendar Data - 7/13/10

Trade Balance - 8:30am EST