Stock Market Closing Prices - 11/17/08
Dow Jones Industrial Average ( DJIA ) Close - 8273.58 Down 223.73
Nasdaq Stock Market Close - 1482.05 Down 34.80
S&P 500 Close - 850.75 Down 22.54
General Motors ( GM ) Close - $3.06
Libor Rates - 11/17/08
1 Month - 1.47%
3 Month - 2.24%
Commodities Closing Prices - 11/17/08
Gold - $734.50
Oil - $55
Natural Gas - $6.56
The Dow Jones Industrial Average closed at 8273.58 on 11/17/08, as investors sold stocks after the G20 summit was a bust and the fact that the financials continue to be weak. The Dow Jones Futures was actually down around 200 this morning but some buying came into the market during the afternoon hours. Top Stock Market Headlines for November 17th, 2008 include Citigroup ( C ) debating whether or not to cut another 50,000 jobs. General Motors ( GM ) hopes to get a bailout, and Research in Motion ( RIMM ) is up 8% today due to the company seeing continued smart phone strength. Mark Cuban was also accused of Insider Trading in Mamma.com ( MAMA now CNIC ). I always wondered why Mamma.com changed its name to Copernic several years ago. Baidu.com stock got crushed today due to a report out that the search engine is doing some shady things. From what i've read, Baidu is going to come out with a statement tomorrow and depending what they say, the stock could rebound. Thats pretty much what happened in the stock market today. Light volume, lots of selling, not many buyers, same old ugly story!
Todays Biggest Stock Market Gainers 11/17/08
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