Dow Jones Close 11/2/09 - Stock Market Closing Prices

Stock Market Closing Prices - 11/2/09

Dow Jones Industrial Average ( DJIA ) Close - 9789.44 Up 76.71
Nasdaq Stock Market Close - 2049.20 Up 4.09
S&P 500 Close - 1042.88 Up 6.69
http://dowjonesclose.com

Libor Rates - 11/2/09 - Mortgage Rates

Commodities Closing Prices - 11/2/09

Gold - 1058.10
Oil - 78.00
Natural Gas - 4.85

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The Dow Jones Industrial Average closed at 9789 on 11/2/09, as the stock market went on another roller coaster ride but ended higher. The Dow Jones Futures started the day up by around 40 points and then surged over 100 after better then expected pending homes sales & ISM report. The dollar was also very weak during the surge which then reversed causing stocks to fall rapidly. As I have been saying over the past week, all you have to do is watch the US Dollar. A strong dollar is bad for the stock market, a weak dollar is great for the stock market.

By early afternoon, an over 100 point gain in the Dow Jones turned into a 50 point loss. During the final hour of trading, the stock market reversed once again with the Dow ending higher.

Citigroup Inc ( C ) broke $4 for the first time since August which was probably another reason the stock market plunged during the afternoon. Jim Cramer came on CNBC late in the trading day and stated that it feels like the Government is ready to sell their stake in the company.

Tomorrow, we will receive Sept factory orders at 10am EST. This could be a market mover!

Check out some additional events I will be watching for Tuesday. 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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