Dow Jones Close 11/12/09 - Stock Market Closing Prices

Stock Market Closing Prices - 11/12/09

Dow Jones Industrial Average ( DJIA ) Close - 10197.47 Down 93.79
Nasdaq Stock Market Close - 2149.02 Down 17.88
S&P 500 Close - 1087.24 Down 11.27
http://dowjonesclose.com

Libor Rates - 11/12/09 - Mortgage Rates

Commodities Closing Prices - 11/12/09

Gold - 1105
Oil - 76.69
Natural Gas - 4.38

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The Dow Jones Industrial Average closed at 10197 on 11/12/09, as the stock market fell on a better then expected initial jobless claims report. We also saw a worse then expected crude inventory report that sent Oil prices plunging. The Dow Jones Futures began the day down around 45 but the market went green early in the trading session. Things really turned down after an unexpected build in crude oil inventories at 10:30am EST. In the final half hour of trading, the Dow Jones was down over 110 at one point before bouncing right at the close.

Look, the stock market has been up huge over the past two weeks, this pullback is normal. I continue to buy the dips until proven wrong. I will only get concerned if the Dow Jones would close below 9800 with volume. The trend is still higher and in my opinion continue higher as we go into the end of the year. Tonight we will get earnings out of Walt Disney Co. (DIS).

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

I will also have technical analysis of the stock market - Right Here

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