Dow Jones Close 3/18/09 - Stock Market Closing Prices

Stock Market Closing Prices - 3/18/09

Dow Jones Industrial Average ( DJIA ) Close - 7486.58 Up 90.88
Nasdaq Stock Market Close - 1491.22 Up 29.11
S&P 500 Close - 794.35 Up 16.23
http://dowjonesclose.com

Libor Rates - 3/18/09

Commodities Closing Prices - 3/18/09

Gold - 939
Oil - 49.18
Natural Gas - 3.69

The Dow Jones Industrial Average closed at 7487 on 3/18/09, as the stock market exploded higher after the Federal Reserve announced that they will buy 300 billion in Long Term Treasuries over the next 6 months. Almost all of the bank stocks exploded higher today such as Financial Bull 3x ( FAS ), Citigroup ( C ), Bank of America ( BAC ), Wells Fargo ( WFC ), and JP Morgan ( JPM ) just to name a few.

The Dow Jones was lower almost all day but as soon as the above news was announced, stocks exploded higher. The Dow Jones broke through two key resistance levels on this move, 7449 and 7500. The S&P 500 even broke though 800. The US Dollar fell and Gold prices spiked on this news. Oil prices also went up on this news but is hitting the $50 resistance level.

I will have full technical analysis of the stock market tonight - Right Here

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