Dow Jones Close 11/07/08 - Stock Market Report

Stock Market Closing Prices - 11/07/08

Dow Jones Industrial Average ( DJIA ) Close - 8943.81 Up 248
Nasdaq Stock Market Close - 1647 Up 39
S&P 500 Close - 931 Up 26

Libor Rates - 11/07/08

1 Month - 1.62%
3 Month - 2.29%

Commodities Closing Prices - 11/07/08

Gold - 737
Oil - 60.88
Natural Gas - 6.78

The Dow Jones Industrial Average closed at 8944 on 11/07/08, as investors shook off the grim jobs report and sent stocks higher. The Stock Market Futures were flat this morning, The Dow Jones futures were actually down 20 at one point but quickly rose at the open. The Dow was up 250 during the Obama News Conference but gave back half of those gains after he spoke. I felt he gave a great news conference! Libor Rates fell once again today and investors also shook off the General Motors ( GM ) news. I will have some Technical Analysis on the Dow Jones this weekend so make sure you check back on my home page. Something else to note, there was 4 million shares for sale of Wells Fargo ( WFC ) stock going into the close, there was a big crowd around the Wells Fargo post on the trading floor of the NYSE. Not sure of any news as of yet.

Biggest Gainers - November 7th, 2008

One of the hottest stocks today was Fuel Systems Solutions ( FSYS ). This company reported blowout earnings and is on the Top 2008 Stocks list. Fluor ( FLR ) was also up huge!

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