Dow Jones Close 12/4/08 - Stock Market Closing Prices

Stock Market Closing Prices - 12/04/08

Dow Jones Industrial Average ( DJIA ) Close - 8376.24 Down 215.45
Nasdaq Stock Market Close - 1445.56 Down 46.82
S&P 500 Close - 845.22 Down 25.52
http://dowjonesclose.com

Libor Rates - 12/04/08

1 Month - 1.88%
3 Month - 2.19%

Commodities Closing Prices - 12/04/08

Gold - 766
Oil - 43.72
Natural Gas - 6.02

The Dow Jones Industrial Average closed at 8376.24 on 12/04/08, as Wall Street dealt more earnings warnings and job cuts from companies such as Dupont, Adobe, AT&T, and Advanced Micro Devices. The Stock Market's were up briefly this morning but stocks began to fall as Ben Bernanke spoke before the hearing for the big three automakers began. Investors were also positioning their portfolios for the highly anticipated jobs report and unemployment rate tomorrow. Art Cashin said today that he thinks a 300,000 - 350,000 job loss number is priced into the market, but he has heard of some figures as high as 400,000. Friday will be a volatile day! To no surprise, we moved hard in the last hour, this time to the downside. The Dow Jones went below the 10 day moving average of 8359 as General Motors ( GM ) hit $4 per share but rallied back over this level in the final minutes of trading. After hitting resistance at 1500, the Nasdaq failed also. I will have technical analysis of the markets tonight, right HERE

Volatility Index ( VIX ) - 12/04/08 - The VIX spiked back to around 65 during today's last hour plunge.

Today's Biggest Gainers - December 4, 2008

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