Dow Jones Close 3/26/10 - Stock Market Closing Prices

Stock Market Closing Prices - 3/26/10

Dow Jones Industrial Average ( DJIA ) Close - 10850.36 Up 9.15
Nasdaq Stock Market Close - 2395.13 Down 2.28
S&P 500 Close - 1166.59 Up 0.86
http://dowjonesclose.com

Libor Rates - 3/26/10 - Mortgage Rates

Commodities Closing Prices - 3/26/10

Gold Close - 1108.50
Oil Close - 80.15
Natural Gas Close - 3.87

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The Dow Jones Industrial Average closed at 10850 on 3/26/10, as the stock market tried to get back some of Thursday's lost gains but geopolitical fears dampened investors spirits. The stock market rallied in the morning but then dropped when news reports had North Korea exploding a South Korean Naval Ship. Later in the trading day, stocks came back to break even as it appears North Korea didn't have anything to do with this explosion. The Dow Jones will continue to face resistance at 11,000.

Today was a fun day if you were a stock trader. Shares of a tiny biotechnology company called ARCA biopharma, Inc. (ABIO) exploded higher on the following news: ARCA biopharma Announces Patent Issued for Treating Heart Failure Patients with Bucindolol Based on Genetic Testing. Arca biophrama went up over 200% but sold off going into the close. Based on my experience ( not factoring in any negative news that might come out ), stocks like ABIO tend to gap higher in pre market and run at the open on the following trading day. What will help this theory is if the stock market futures are positive on Monday. Anyway, ABIO will be active on Monday so keep an eye on it! This stock reminds me of the good old days back in 2004-2005, we had one of these stocks almost every week. Also, back in 1999-2000 we had 10 of these per day during the technology bubble.

Check out some events I will be watching for Monday.

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

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