Dow Jones Close 4/22/09 - Stock Market Closing Prices

Stock Market Closing Prices - 4/22/09

Dow Jones Industrial Average ( DJIA ) Close - 7886.57 Down 82.99
Nasdaq Stock Market Close - 1646.12 Up 2.27
S&P 500 Close - 843.55 Down 6.53
http://dowjonesclose.com

Libor Rates - 4/22/09 - Mortgage Rates

Commodities Closing Prices - 4/22/09

Gold - 890
Oil - 48.76
Natural Gas - 3.54

The Dow Jones Industrial Average closed at 7887 on 4/22/09, as the stock market went down on better then expected earnings out of Wells Fargo ( WFC ) and AT&T ( T ) but see the Carter Worth comments below. The Dow Jones Futures were originally down big after Morgan Stanley ( MS ) came out was worse then expected earnings. As usual, stocks rebounded during the morning hours and ripped higher in the afternoon. The Dow Jones struggled to hold 8000 which was broken on Monday. General Motors ( GM ) said today they wouldn't be able to make their June debt payment. This brings GM one step closer to bankruptcy. I honestly don't know how the market isn't down on this news because in my opinion a GM bankruptcy would be a disaster! Tonight we get a market moving earnings report out of Apple Inc ( AAPL ) followed by Amazon ( AMZN ) Thursday.

Stocks tanked going into the close as Carter Worth said on CNBC that it is time to sell stocks and the ride is over for the short term. Carter Worth is the Chief Technician at Oppenheimer that had some amazing calls over the past 6 months.

Check out my stocks to watch report for Wednesday as well as earnings.

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

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