By Tim - http://stockstobuy.org
Stock Market Closing Prices - 5/24/10
Dow Jones Industrial Average ( DJIA ) Close - 10066.57 Down 126.82
Nasdaq Stock Market Close - 2213.55 Down 15.49
S&P 500 Close - 1073.63 Down 14.06
http://dowjonesclose.com
Libor Rates - 5/24/10 - Mortgage Rates
Commodities Closing Prices - 5/24/10
Gold Close - 1193
Oil Close - 70.28
Natural Gas Close - 4.03
The Dow Jones Industrial Average closed at 10067 on 5/24/10, as the stock market gave back the gains which were made in the final half hour on Friday. The Dow Jones Futures were down over 100 in pre market but quickly snapped back at the open today. In late trading, the stock market gave back all of these gains and was basically trading flat if you compare it to pre market. We are also trading flat compared if you take out the spike that happened at the close on Friday.
Financials were the weakest link today with a stock like Bank of America down near 3%. Oil rebounded slightly to close back above $70 per barrel. The S&P 500 has support at 1045 which was the low in February. If we see a close below 1045, I expect the volatility to pick up 1000 to eventually be tested.
Check out the stock market events I will be watching on Tuesday. If you are into trading stocks, check out my stocks to watch report for tomorrow.
I will also have technical analysis on different stocks - Right Here
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