Dow Jones Close 5/7/09 - Stock Market Closing Prices

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Stock Market Closing Prices - 5/7/09

Dow Jones Industrial Average ( DJIA ) Close - 8409.85 Down 102.43
Nasdaq Stock Market Close - 1716.24 Down 42.86
S&P 500 Close - 907.39 Up 12.24
http://dowjonesclose.com/

Libor Rates - 5/07/09 - Mortgage Rates

Commodities Closing Prices - 5/7/09

Gold - 911.20
Oil - 56.37
Natural Gas - 4.16

The Dow Jones Industrial Average closed at 8409 on 5/7/09, as the stock market sold off after stocks gapped up huge in pre market trading. The Dow Jones Futures were up nicely early in the morning but then spiked higher on a better then expected initial jobless claims figure. Bank Stocks were on fire in pre market for no apparent reason that I can think of. At the open, the bank stocks sold off big time! Citigroup went from $4.40 to $3.50, Bank of America went from $15 to $13, and Financial Bull ( FAS ) went from $13 to $10. In the last hour of trading, the stock market came off the lows as Wall Street prepares for more details on the Stress Test tonight and the jobs report at 8:30am est tomorrow.

Check out the stocks to watch for Friday.

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