Dow Jones Close 11/03/08 - Stock Market Closing Prices, General Motors ( GM )

Stock Market Closing Prices - 11/03/08

Dow Jones Industrial Average ( DJIA ) Close - 9319.83 Down 5.26
Nasdaq Stock Market Close - 1726 Up 5.38
S&P 500 Close - 966 Down 2.50

Libor Rates - 11/03/08

1 Month - 2.31%
3 Month - 2.86%

Commodities Closing Prices - 11/03/08

Gold - 724
Oil - 64.46
Natural Gas - 6.85

The Dow Jones Industrial Average closed at 9320 on 11/03/08, as investors dealt with weak sales from General Motors ( GM ) and the uncertainty of tomorrow's Presidential Election. The Stock Market Futures were flat this morning in pre market trading, but the Dow Jones managed to briefly trade above 9400 to 9410 early in the trading session at the open. The Dow Jones Industrial Average had a gain pretty much all day until the General Motors sales news hit the wires. The Dow started falling at about 2pm hitting a low of 9255 at 3pm but has been bouncing around 30 point swings pretty much all afternoon. The Volatility lately has really calmed down. Volume has has been on the light side as well! It will be interesting to see how the Nikkei opens up tonight after being closed last night.

Dow Jones Technical Analysis: 11/03/08

As I noted in my chart over the weekend, we might be starting to carve out a bottom for the stock markets and the Dow Jones Industrial Average ( DJIA ). The Dow Jones must hold 9000 on a closing basis however. It would bearish for this recent uptrend to break below 9000. We also need to take out Friday's high of 9452 to keep this rally fresh and moving. Right now, that's the range, 9000-9450.

General Motors ( GM ) 11/03/08 close:

Todays Biggest Stock Market Gainers for November 3rd, 2008

Stem Cell Stocks - STEM, ASTM, GERN. These have been some of the hottest stocks in the past few trading sessions. Will they keep going up? I think they could if Obama gets elected as our next President. Look for these three stocks to move higher when they break today's highs, particularly STEM at $2.28. As for STEM, volume was ok today but I would like to see volume pick up to 20-30 million per day or higher. Last election this stock went from about $1 to $4.50 per share.

Hartford Financial Services ( HIG ) - Hig has launched higher today after the company has come out comments on their financial status. HIG was up over 60% at one point today at $16.39 per share.

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