Dow Jones Close 1/22/09 - Stock Market Closing Prices

Stock Market Closing Prices - 1/22/09

Dow Jones Industrial Average ( DJIA ) Close - 8122.80 Down 105.30
Nasdaq Stock Market Close - 1465.49 Down 41.58
S&P 500 Close - 827.50 Down 12.74
http://dowjonesclose.com

Libor Rates - 1/22/09

1 Month - 0.389%
3 Month - 1.159%

Commodities Closing Prices - 1/22/09

Gold - 859
Oil - 42.70
Natural Gas - 4.68

The Dow Jones Industrial Average closed at 8123 on 1/22/09, as the stock market was very volatile but down all day due to Microsoft ( MSFT ) releasing their horrible earnings about 7 hours early. We also had Citigroup ( C ) and Bank of America ( BAC ) both fall around 14% each. Two big winners today were Apple ( AAPL ), which reported a blowout earnings quarter, and Knight Capital ( NITE ) who also reported wonderful earnings. Oil received horrible inventory data today but despite falling toward $40 around 11am, Oil rallied back with the markets in late trading to hit $43 once again. This is something to watch - the USO stock seems to be forming a bottom in the $28's. I am long the USO but haven't taken my full position yet. I am waiting for a close back over the 10 day moving average and a close over $31.

The Dow Jones has bounced 4 times below 8000 in the past week. Check out my technical analysis of the Nasaq and Dow Jones tonight as I will explain what is happening. You can find that - Right Here

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