Stock Market Closing Prices - 9/25/09
Dow Jones Industrial Average ( DJIA ) Close - 9665.19 Down 42.25
Nasdaq Stock Market Close - 2090.92 Down 16.69
S&P 500 Close - 1044.38 Down 6.40
http://dowjonesclose.com
Libor Rates - 9/25/09 - Mortgage Rates
Commodities Closing Prices - 9/25/09
Gold - 991.70
Oil - 66.04
Natural Gas - 3.97
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The Dow Jones Industrial Average closed at 9665 on 9/25/09, as the stock market sold off for the 3rd straight day. The Dow Jones Futures started the day higher but a fresh round of selling hit the market right after the open. By afternoon, the Dow Jones was down around 60 but then the stock market improved going into the close. Research in Motion Ltd ( RIMM ) was one of the worst performers today after the company missed sales estimates. Shanda Games Limited (GAME), which IPO'd Friday, was also down huge. Shanda Games Limited is a spin off of Shanda Interactive Entertainment Ltd. (SNDA). Speaking of IPO's, A123 Systems, Inc. (AONE) continues to trade strongly after its second day of trading. I would buy AONE for a trade if the stock would break above $20.70.
As far as the Dow Jones goes, there are two levels I am watching. The first level is the 50 day moving average which is located at 9383. The Dow has not pulled back to this moving average in three months so a correction would be quite healthy. The second area I am watching is the 10 day moving average located at 9746. This level is strong resistance right now but a close over it would bring in buyers. Check out some of the events I will be watching for Monday.
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