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Tuesday, November 25, 2008

Dow Jones Close 11/25/08 - Stock Market Closing Prices

Stock Market Closing Prices - 11/25/08

Dow Jones Industrial Average ( DJIA ) Close - 8479.47 Up 36.24
Nasdaq Stock Market Close - 1464.73 Down 7.29
S&P 500 Close - 857.30 Up 5.49

Libor Rates - 11/25/08

1 Month - 1.44%
3 Month - 2.20%

Commodities Closing Prices - 11/25/08

Gold - 820.40
Oil - 51.00
Natural Gas - 6.40

The Dow Jones Industrial Average closed at 8480 on 11/25/08, as the recent gains have held from Friday, Monday, and with the help of the government buying mortgage backed securities. Barack Obama also gave a new conference updating America on where he stands with the financial crisis. President Elect Obama has been working hard over the past week assuring Americans that although he is not the President as of yet, he is working hard to prepare himself from when he does take office. The Dow Jones surged in the final hour today on word that Fitch Rating Agency has upgraded Morgan Stanley's ( MS ) credit rating. MS sub debt is now rated " A ". This is very positive news for the financial sector and the overall stock market. Hot Stocks today included Google ( GOOG ) and Baidu ( BIDU ) as these two were incredibly oversold and are now bouncing. Citigroup ( C ) briefly traded over $6.50 but could not hold....I will continue watching this stock closely. If it breaks $5.70 I think it could go back to $5.
I will have analysis on the Dow Jones right here later tonight for the trading day tomorrow.

Today's Biggest Gainers - November 25, 2008 - Etrade ( ETFC ) was up big today as well as GGP. Las Vegas Sands ( LVS ) is another stock worth watching. D.R Horton ( DHI ) has made a late day surge in price today, closing up over 45% for the day.

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