Dow Jones Close 10/8/09 - Stock Market Closing Prices

Stock Market Closing Prices - 10/8/09

Dow Jones Industrial Average ( DJIA ) Close - 9786.87 Up 61.29
Nasdaq Stock Market Close - 2123.93 Up 13.60
S&P 500 Close - 1065.48 Up 7.90
http://dowjonesclose.com

Libor Rates - 10/8/09 - Mortgage Rates

Commodities Closing Prices - 10/8/09

Gold - 1058
Oil - 71.42
Natural Gas - 4.97

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The Dow Jones Industrial Average closed at 9787 on 10/8/09, as the stock market exploded higher on better then expected earnings out of Alcoa, Inc. (AA) and a positive initial jobless claims number. The Dow Jones Futures rallied in pre market but the stock market went up even more during the trading day. In the afternoon however, the markets came off their highs but were still very strong.

The Dow Jones hit a high of 9836 today, just 101 points shy of a fresh 2009 high and 164 points away from Dow Jones 10,000. A close above 10,000 would be very bullish and I think you will see a flood of new money come back into the stock market. There are a lot of people out there waiting for the Dow Jones to get back above 10,000 in order to put money to work. It is surely a huge technical level of interest. Next week will be another busy earnings week so be sure to check back for updates.

Check out some of the events I will be watching for Friday. If you are a stock trader, check out my stocks to watch report for tomorrow.

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