Stock Market Closing Prices - 10/23/09
Dow Jones Industrial Average ( DJIA ) Close - 9972.18 Down 109.13
Nasdaq Stock Market Close - 2154.47 Down 10.82
S&P 500 Close - 1079.60 Down 13.31
http://dowjonesclose.com
Libor Rates - 10/23/09 - Mortgage Rates
Commodities Closing Prices - 10/23/09
Gold - 1056.10
Oil - 80.20
Natural Gas - 4.80
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The Dow Jones Industrial Average closed at 9972 on 10/23/09, as the stock market tanked on better then expected earnings out of Amazon.com Inc. (AMZN) & Microsoft Corporation (MSFT). The Dow Jones Futures started the day higher but after the market opened, we got weaker throughout the morning. By the afternoon, the Dow Jones was down over 100 points with no significant bounce back.
Lets face it, we've had a huge run over the past few months and we all know 10,000 has been major resistance on the Dow Jones. Profit taking is normal! I love stocks as long as the Dow can remain above 9500. A retest of the 50 day moving average would be normal as well. This moving average is located at 9660. The last time we tested the 50 day, we bounced over 600 points on the Dow Jones.
Over the weeks, I will also have technical analysis of the stock market - Right Here
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