Dow Jones Close 8/6/09 - Stock Market Closing Prices

Stock Market Closing Prices - 8/6/09

Dow Jones Industrial Average ( DJIA ) Close - 9256.26 Down 24.71
Nasdaq Stock Market Close - 1973.16 Down 19.89
S&P 500 Close - 997.08 Down 5.64
http://dowjonesclose.com

Libor Rates - 8/6/09 - Mortgage Rates

Commodities Closing Prices - 8/6/09

Gold - 966.70
Oil - 71.89
Natural Gas - 3.76

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The Dow Jones Industrial Average closed at 9256 on 8/6/09, as the stock market went down slightly after Cisco Systems, Inc. (CSCO) reported decent earnings but had a foggy outlook. We also received a better then expected initial jobless claims report. Still, the stock market fell! The Dow Jones Futures opened pre market higher but the markets fell right after the opening bell.
The big event on Friday will be the jobs report that is due out at 8:30am. This is usually a stock market mover so stay tuned!

Dow Jones 10 day moving average watch: I continue to watch the Dow Jones and the 10 day moving average. The Dow Jones hasn't closed below the 10 day moving average since closing back over it on July 13th. A close below this level would make me cautious I would be expecting a correction to come in the stock market. 9200 is a solid support level as well as 9000....after that, you have the 50 day moving average at 8680 which would be a strong buy. This 10 day moving average indicator has not always worked but I find it right 75% of the time. Sure worth keeping an eye on! Check out some of the events I will be watching for Friday.

Also, check out my stocks to watch report for tomorrow. I will also have technical analysis of the stock market tonight - Right Here

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