Stock Market Closing Prices - 8/10/09
Dow Jones Industrial Average ( DJIA ) Close - 9337.95 Down 32.12
Nasdaq Stock Market Close - 1992.24 Down 8.01
S&P 500 Close - 1007.10 Down 3.38
http://dowjonesclose.com
Libor Rates - 8/10/09 - Mortgage Rates
Commodities Closing Prices - 8/10/09
Gold - 946.40
Oil - 70.77
Natural Gas - 3.65
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The Dow Jones Industrial Average closed at 9338 on 8/10/09, as the stock market fell on profit taking and a downgrade of Research In Motion Ltd. (RIMM). Shares of RIMM fell 5% as UBS downgraded the stock from Buy to Neutral. The price target was also cut to $88. The Dow Jones Futures started the day lower, tried to bounce several times throughout the day, but ended up failing going into the close. The volume was light as most traders are waiting to take positions until the Federal Reserve decision and statement later this week.
The Dow Jones is back retesting the 10 day moving average ( currently at 9230 but rising each day ) in which it has not closed below this this area since the Dow bounced back over 8250 in early July. A close below the 10 day would spark a retest on 9000-9050. Check out some of the events I will be watching for Tuesday.
Also, 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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