Dow Jones Close 1/28/09 - Stock Market Closing Prices

Stock Market Closing Prices - 1/28/09

Dow Jones Industrial Average ( DJIA ) Close - 8376 Up 201.27
Nasdaq Stock Market Close - 1558.34 Up 53.44
S&P 500 Close - 874.11 Up 28.40
http://dowjonesclose.com

Libor Rates - 1/28/09

1 Month - 0.409%
3 Month - 1.174%

Commodities Closing Prices - 1/28/09

Gold - 887
Oil - 42.27
Natural Gas - 4.48

The Dow Jones Industrial Average closed at 8376 on 1/28/09, as the stock market broke out technically and ripped higher due to a possible buying spree of toxic bank assets by our government. The stock market also went up due to the stimulus plan getting passed hopefully in the next week. The Federal Reserve also kept interest rates unchanged and despite the economy weakening further, they stated that we might start to see a recovery during the 2nd half of 2009. The Dow Jones hit a high of 8446 before giving back some of the gains in the last hour. Oil prices headed slightly higher despite an over 6 million build in crude inventories. The biggest surprise was a decline in gasoline supplies. It appears prices at the pump have bottomed and will start to rise even further. I would expect the Dow Jones to test 8500 in the next week and it will be interesting to see how we do at that level. I will have full technical analysis of the stock market later tonight, Right Here. Some of the best stocks today were the bank stocks such as Wells Fargo ( WFC ), Citigroup ( C ), Bank of America ( BAC ), and Goldman Sachs ( GS ). The S&P broke up through 866 so i'd watch the next resistance level of 888. Below are companies reporting earnings tomorrow:

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

Earnings 1/29/09

Under Armour UA 1/29 8am .25EPS
Celegene CELG 1/29 8am .42EPS
3M Company MMM 1/29 8am .93EPS
Ford Motor F 1/29 8am -1.19EPS
Amazon.com AMZN 1/29 4pm .40EPS
Broadcom BRCM 1/29 4pm .26EPS
Juniper Networks JNPR 1/29 4pm .32EPS
SunPower SPWRA 1/29 4pm .58EPS
YRC Worldwide YRCW 1/29 4pm -.66EPS

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