Dow Jones Close 12/3/08 - Stock Market Closing Prices

Stock Market Closing Prices - 12/03/08

Dow Jones Industrial Average ( DJIA ) Close - 8591.69 Up 172.60
Nasdaq Stock Market Close - 1492.38 Up 42.58
S&P 500 Close - 870.69 Up 21.88

Libor Rates - 12/03/08

1 Month - 1.89%
3 Month - 2.20%

Commodities Closing Prices - 12/03/08

Gold - 775
Oil - 46.96
Natural Gas - 6.38

The Dow Jones Industrial Average closed at 8591.69 on 12/03/08, as investors ignored more bad economic data such as the ADP Employment Report and the Fed's Beige Book to storm higher for the second straight day. The Stock Market Futures started the day down this morning and the Dow Jones hit a low of 8234 but the spiked to the resistance level of 8500. For the most part, the Dow Jones traded in a range today from the 10 day moving average at 8300 to 8500. In the last half hour, we managed to break and stay above 8500 and move toward 8600. We are trading virtually identical to last Tuesday's trading session! I am watching to see which way we go coming out of this range. Friday will be key with the Jobs Report coming out in the morning. This event could set the stage as to which direction we head to next. I will have more technical analysis later, right HERE.

Research in Motion ( RIMM ) hit a low of $35 this morning after warning about 3rd quarter earnings due out December 18th. RIMM stock was strong during the afternoon hours and actually tested $40 before failing. This is a crucial level to watch for the future. Another stock that was on fire today was First Solar ( FSLR ) up more then 14%. FSLR broke a key resistance level of $131 and this is very bullish!

Volatility Index ( VIX ) - The VIX ended up at 60.70 today and there are still signs of extreme volatility in this stock market.

Today's Biggest Gainers - December 3, 2008

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