Stock Market Closing Prices - 1/20/09
Dow Jones Industrial Average ( DJIA ) Close - 7949.09 Down 332.13
Nasdaq Stock Market Close - 1440.86 Down 88.47
S&P 500 Close - 805.23 Down 44.89
http://dowjonesclose.com
Libor Rates - 1/20/09
1 Month - 0.353%
3 Month - 1.123%
Commodities Closing Prices - 1/20/09
Gold - 859
Oil - 38.74
Natural Gas - 4.69
The Dow Jones Industrial Average closed at 7949 on 1/20/09, as the stock market was rattled once again, before, during, and after Barack Obama began his presidency. As I have been saying before, the banking sector has been getting crushed lately and the markets cannot rally with this happening. Today, State Street ( STT ) came out with horrible earnings and flat guidance. This news sent stock shares of Citigroup ( C ), Bank of America ( BAC ), and Goldman Sachs ( GS ) as much as 25% lower. When you see these stocks bounce higher, so will the Dow Jones, Nasdaq, and S&P 500 as well as Oil for that matter. Other notable stocks that were lower today were Visa ( V ) and Apple ( AAPL ). Anady's Pharma ( ANDS ), which is the Hottest Stocks in 2009, was up 7% today. Overall, the stock market broke down technically today, the Dow 8000 could not hold and the S&P 500 failed at 815-820. Tomorrow will be another interesting day. I will have full technical analysis of the stock market tonight, Right Here
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