Stock Market Closing Prices - 1/12/09
Dow Jones Industrial Average ( DJIA ) Close - 8474.05 Down 125.13
Nasdaq Stock Market Close - 1538.79 Down 32.80
S&P 500 Close - 870.25 down 20.10
http://dowjonesclose.com
Libor Rates - 1/12/09
1 Month - 0.343%
3 Month - 1.16%
Commodities Closing Prices - 1/12/09
Gold - 822
Oil - 37.62
Natural Gas - 5.54
The Dow Jones Industrial Average closed at 8474 on 1/12/09, as the stock market went down on fears that Alcoa's ( AA ) earnings will disappoint tonight. AA is expected to report a loss of 4 cents per share. Also, a huge warning sign today was the trading action in Citigroup ( C ) stock. Citi shares broke two key support levels and began another rapid decline during the afternoon hours. Citigroup broke $6.51 in the morning, and then $5.94 during the afternoon. These were two key lows in December. Citigroup traded below $5.45 in the final hour of trading today down almost 20% on the day. The Dow Jones and Nasdaq followed the S&P 500 lower and now the Dow Jones is below 8500, a key support level. Tomorrow will be an interesting day for the stock market! I will have full technical analysis tonight, Right Here
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