Stock Market Closing Prices - 12/29/08
Dow Jones Industrial Average ( DJIA ) Close - 8483.93 Down 31.62
Nasdaq Stock Market Close - 1510.32 Down 19.92
S&P 500 Close - 869.38 Down 3.42
http://dowjonesclose.com
Libor Rates - 12/29/08
1 Month - 0.461%
3 Month - 1.459%
Commodities Closing Prices - 12/29/08
Gold - 877.40
Oil - 40.01
Natural Gas - 6.14
The Dow Jones Industrial Average closed at 8484 on 12/29/08, as the stock market fell on very low volume today but managed to rise going into the close. The Dow Jones started out the day to the upside but shortly fell into negative territory after the open. Oil and Natural Gas rose due to the violence around the Gaza Strip. One of the laggards on the Nasdaq was Research in Motion ( RIMM ) as this stock fell below $40 on fears that Wal Mart selling the iPhone would hurt sales of the Blackberry. This is something worth watching as there has been some talk that Microsoft ( MSFT ) might try to buy RIMM at some point in 2009. That is pretty much all that happened today as this will be another boring week. Next week the volume comes back along with a Jobs report due out 1/9/08
Today's Biggest Stock Market Gainers - KKR Financial ( KFN ) was a huge gainer for the second straight day and General Moly ( GMO ) was a late day riser.
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