Closing Market Commentary

July 1, 2009

Stocks closed higher, reversing Tuesday's pullback, as investors continued to bet on the prospects and timing of an economic recovery while awaiting Thursday's June Nonfarm Payrolls and weekly jobless claims data. Today's gains came amid light trading, and followed data showing increases in June manufacturing and May pending home sales, and drops in May construction spending, June private-sector employment, and June domestic motor vehicle sales. NYSE breadth 00-0 positive. NASDAQ breadth 00-0 positive. Treasuries were mixed. The dollar fell. Gold rose. Oil futures fell./B.Egli

Closing Market Data

Provided by Standard and Poor’s