By Tim - http://stockstobuy.org
Stock Market Closing Prices - 5/4/10
Dow Jones Industrial Average ( DJIA ) Close - 10926.77 Down 225.06
Nasdaq Stock Market Close - 2424.25 Down 74.49
S&P 500 Close - 1173.60 Down 28.66
http://dowjonesclose.com
Libor Rates - 5/4/10 - Mortgage Rates
Commodities Closing Prices - 5/4/10
Gold Close - 1173
Oil Close - 82.75
Natural Gas Close - 4.01
The Dow Jones Industrial Average closed at 10927 on 5/4/10, as the stock market did the opposite of the previous day which has been the trend lately. The Dow Jones Futures were down 40 points in pre market but the sellers showed up in droves at the open. By lunch time, the Dow Jones was down 250 points. I don't believe this is due to the Greece crisis but possibly the fear of the Greece crisis spreading into Spain and Germany. If the we go by the current trend, we will be up triple digits tomorrow. Another down day would cause concern in the short term but I do believe we will be near 11,700-12,000 by the end of 2010. I have been using this sell off to add to get back into GMCR as well as add to my position in BEXP.
Check out some stock market events I will be watching for Wednesday. If you are a stock trader, check out my stocks to watch report for tomorrow.
I will also have technical analysis on different stock - Right Here
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