Dow Jones Close 2/4/09 - Stock Market Closing Prices

Stock Market Closing Prices - 2/4/09

Dow Jones Industrial Average ( DJIA ) Close - 7956.66 Down 121.70
Nasdaq Stock Market Close - 1515.05 Down 1.25
S&P 500 Close - 832.21 Down 6.30
http://dowjonesclose.com

Libor Rates - 2/4/09

1 Month - 0.445%
3 Month - 1.236%

Commodities Closing Prices - 2/4/09

Gold - 907.60
Oil - 40.42
Natural Gas - 4.62

The Dow Jones Industrial Average closed at 7956 on 2/4/09, as the stock market dropped on more banking fears. The Dow Jones Futures started the day down, but when stocks opened today, they opened higher. The Nasdaq was up 27 at one point but then Barack Obama came out and put a cap on executive pay for companies taking Tarp money. Bank of America ( BAC ) then dropped under $5 hitting a fresh 52 week low.

The main problems continue to exist in the stock market, earnings estimates keep dropping, and the second TARP program does not seem to address to main banking problem; Toxic Assets.

Tonight we get earnings out of Cisco Systems ( CSCO ). This could be a huge market mover for tomorrow as far as the Nasdaq goes.

The Dow continues to bounce around the 8000 support level. I will have full technical analysis of the stock market tonight, Right Here

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