Dow Jones Close 5/11/09 - Stock Market Closing Prices

Stock Market Closing Prices - 5/11/09

Dow Jones Industrial Average ( DJIA ) Close - 8418.77 Down 155.88
Nasdaq Stock Market Close - 1731.24 Down 7.76
S&P 500 Close - 909.24 Down 19.99
http://dowjonesclose.com/

Libor Rates - 5/11/09 - Mortgage Rates

Commodities Closing Prices - 5/11/09

Gold - 914.10
Oil - 58.22
Natural Gas - 4.28

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The Dow Jones Industrial Average closed at 8419 on 5/11/09, as the stock market was subject to a normal day of profit taking after a big run higher in the past few weeks. The Dow Jones Futures started the day weak and the major stock market averages could not rebound after the open today. Financials were the weak sector with stocks like Capital One ( COF ) down significantly on a capital raise. General Motors Corporation (GM) hurt the Dow Jones average as the stock went down over 10% on further Bankruptcy worries.

To top things off, Meredith Whitney came on CNBC in the final hour of trading and stated that she thought the bank rally was fake but expected. She thinks there are still major problems out there and that the bank stress test leaks were absurd. If any other company leaked information there would be a huge SEC investigation.

Check out my stocks to watch report for Tuesday. I will also have technical analysis of the stock market tonight - Right Here

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