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

Stock Market Closing Prices - 3/3/09

Dow Jones Industrial Average ( DJIA ) Close - 6726.02 Down 37.27
Nasdaq Stock Market Close - 1321.01 Down 1.84
S&P 500 Close - 696.33 Down 4.49
http://dowjonesclose.com

Libor Rates - 3/03/09

Commodities Closing Prices - 3/3/09

Gold - 913.60
Oil - 41.21
Natural Gas - 4.29

The Dow Jones Industrial Average closed at 6726 on 3/3/09, as the stock market went down again. The Dow Jones Futures started the day higher and after opening in the green, the Dow Jones and Stock Market average went into the red. The S&P 500 sunk to a new 52 week low of 692.30. The major averages fluctuated all day between red and green but as soon as General Motors Auto Sales were released ( down 52.9% ) the market hit new highs. This is a horrible number but was better then I expected. Ben Bernanke and Timothy Geithner spoke at separate hearings in Washington and I must say Mr Geithner was solid today. He really presented himself and answered questions well.

At about 3:15pm est, the Rating Agency S&P downgraded their rating on Bank of America to A from A+. They also cited a negative outlook. This news sent the stock market into the red once again and took Bank of America BAC stock with it. In the last ten minutes of trading, stocks tried to go back into positive territory as Carter Worth came on CNBC and said we probably won't see an additional leg down in the market. Carter will be on Fast Money tonight at 5pm. He is a great technician!


The price of Gold took another nose dive today as it hit the $915 level. On the other hand, Oil prices rose to around $41.20 per barrel. Natural gas broke out of a recent downtrend spiking in the $4.30's. I will have full technical analysis tonight - Right Here

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