Stock Market Closing Prices - 11/9/09
Dow Jones Industrial Average ( DJIA ) Close - 10226.94 Up 203.52
Nasdaq Stock Market Close - 2154.06 Up 41.62
S&P 500 Close - 1093.08 Up 23.78
http://dowjonesclose.com
Libor Rates - 11/9/09 - Mortgage Rates
Commodities Closing Prices - 11/9/09
Gold - 1103.20
Oil - 79.28
Natural Gas - 4.67
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The Dow Jones Industrial Average closed at 10227 on 11/9/09, as the stock market spiked as the US Dollar fell and US stocks surged. The Dow Jones Futures were up around 85 points during pre market but after the open, the stock market added even more gains. The Dow Jones is now at a new 2009 high!
The US Dollar fell Monday after the G-20 countries vowed to keep pumping stimulus into their respective countries. Money came back into commodities and related stocks of Gold and Oil. As long as we keep seeing the US Dollar weak, both the stock market and commodities should rise.
Today I added some Citigroup (C) and Research in Motion Ltd (RIMM) to my portfolio. I missed Ford Motor Co. (F) and didn't want to chase it so I will wait for a pullback.
Check out some additional events I will be watching for Monday. 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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