Dow Jones Close 2/17/09 - Stock Market Closing Prices

Stock Market Closing Prices - 2/17/09

Dow Jones Industrial Average ( DJIA ) Close - 7552.45 Down 297.96
Nasdaq Stock Market Close - 1470.66 Down 63.70
S&P 500 Close - 789.18 Down 37.66
http://dowjonesclose.com

Libor Rates - 2/17/09

1 Month - 0.466%
3 Month - 1.246%

Commodities Closing Prices - 2/17/09

Gold - 970.10
Oil - 34.93
Natural Gas - 4.19

The Dow Jones Industrial Average closed at 7552 on 2/17/09, as the stock market dropped big today on fears over the US Banks, fears of automaker bankruptcies, Japan's worsening recession, and several key technical break downs in the market. The Dow Jones Futures started the day down 200 points and right after the stock market opened, we got a huge plunge in all the major averages. The Stock Market pretty much flat-lined after this downfall. We had a few rally attempts that were met with selling but overall we traded in a narrow range through out the day. Barack Obama signed the Stimulus Package and in the final hour we had another upside reversal attempt ( Which Failed ). Key technical breakdowns were the Dow breaking the Hogan Bottom again at 7773, the S&P 500 breaking 800, and the Nasdaq breaking 1476. Tomorrow could be another ugly day as we find out the details of the General Motors and Chrysler reports. President Obama will also speak tomorrow morning on a housing plan at 10:15am Est.

I will have full technical analysis tonight - Right Here

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