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Stock Market Closing Report - 12/8/20 December 8, 2020

Friday, February 20, 2009

Dow Jones Close 2/20/09 Stock Market Closing Prices

Stock Market Closing Prices - 2/20/09 - February 20, 2009

Dow Jones Industrial Average ( DJIA ) Close - 7365.67 Down 100.28
Nasdaq Stock Market Close - 1441.23 Down 1.59
S&P 500 Close - 770.05 Down 8.89
http://dowjonesclose.com

Libor Rates - 2/20/09

Commodities Closing Prices - 2/20/09

Gold - 995.10
Silver - 14.39
Oil - 38.94
Natural Gas - 4.03

The Dow Jones Industrial Average closed at 7366 on 2/20/09, as the stock market went on a roller coaster ride opening weak and bouncing off the lows. The Dow Jones Futures were down big this morning and the Stock Market tanked going into the afternoon hours. At about 2:15pm, CNBC's Steve Leisman reported that Timothy Geithner will give Wall Street additional details on the bank bailout plan next week and the Stock Market went up. Before this announcement, Bank of America ( BAC ) hit a low of $2.53 and Citigroup ( C ) plunged to $1.61 per share. After the announcement, Citi hit $2.20 and B of A hit $4.09 as shorts scrambled to cover. The Financial Bear FAZ ETF went from $84 to $68 and then back to $75....if you are looking for some day trading action, FAZ is the stock to watch! FAS is the opposite of FAZ so if you are bullish on financials, buy FAS

The Dow Jones held its October 10, 2002 low of 7181.47 and the closing low of 7286 which was on October 9, 2002. These are two price points you will want to watch closely next week. On the S&P 500, the 741 low held as well. On top of all of this, Gold crossed $1000 for a brief period of time earlier in the day.

Will Timothy Geithner strike out again next week or give Wall Street something to run with? I will have full technical analysis of the stock market over the weekend - Right Here

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