Dow Jones Close 12/31/08 - Stock Market Closing Prices

Stock Market Closing Prices - 12/31/08

Dow Jones Industrial Average ( DJIA ) Close - 8776.39 Up 108
Nasdaq Stock Market Close - 1577.03 Up 26.33
S&P 500 Close - 903.33 Up 12.69
http://www.dowjonesclose.com/

Libor Rates - 12/31/08

1 Month - 0.436%
3 Month - 1.425%

Commodities Closing Prices - 12/31/08

Gold - 881
Oil - 42.62
Natural Gas - 5.60

The Dow Jones Industrial Average closed at 8776 on 12/31/08, as the stock market closed out the year on a positive note but traded on very low volume. The Stock Market will be open a full day on 1/2/09 and I expect to see low volume once again. Next week the real action will come back and could set the tone for January. Oil exploded to the upside today on short covering hitting $45 a barrel at one point. One of the biggest gainers today that wasn't a micro cap was Dryships ( DRYS ). Drys exploded this morning and then traded in a tight range between $11-$11.30 this afternoon. At the end of the day Drys broke through $11 support. This will be a stock to watch next week.

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