Stock Market Closing Prices - 1/29/09
Dow Jones Industrial Average ( DJIA ) Close - 8148.69 Down 226.76
Nasdaq Stock Market Close - 1507.84 Down 50.50
S&P 500 Close - 845.11 Down 28.98
http://dowjonesclose.com
Libor Rates - 1/29/09
1 Month - 0.413%
3 Month - 1.170%
Commodities Closing Prices - 1/29/09
Gold - 909
Oil - 41.58
Natural Gas - 4.69
The Dow Jones Industrial Average closed at 8149 on 1/29/09, as the stock market went down after going up the prior 4 trading sessions. The Dow Jones Futures started the day lower and as soon as we opened we never really gained traction. The market seemed spooked by the New Home Starts data that came out around 10 am which was dismal! Tomorrow we will get even more bad data in the form of a GDP number. Analysts expect the GDP to come in down 5.5-7% but I feel this is already priced into the market. Crude Oil held $40 for the third time in a few weeks and if oil continues to hold this key support level we could be seeing $50 sooner or later. That is pretty much all the major stuff that happened today, January 29th, I will have full technical analysis tonight, Right Here. Will be watching Amazon.com ( AMZN ) earnings tonight.
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