Dow Jones Close 5/5/10 - Stock Market Closing Prices

By Tim - http://stockstobuy.org

Stock Market Closing Prices - 5/5/10

Dow Jones Industrial Average ( DJIA ) Close - 10866.83 Down 59.94
Nasdaq Stock Market Close - 2402.29 Down 21.96
S&P 500 Close - 1165.87 Down 7.73
http://dowjonesclose.com

Libor Rates - 5/5/10 - Mortgage Rates

Commodities Closing Prices - 5/5/10

Gold Close - 1175.90
Oil Close - 79.71
Natural Gas Close - 3.98

The Dow Jones Industrial Average closed at 10867 on 5/5/10, as the stock market dropped again on fears that the Greece debt crisis could spread. The Dow Jones Futures were down about 30 points in points in pre market but was down around 100 right after the open. We then saw some buying come into the stock market as the major averages went near the flat line by lunch time. The selling then came back into the market and we hit fresh lows in the afternoon. The fear is alive and well. Oil is down 8% in the last few days alone! Keep an eye on 1150 on the S&P 500. This level must hold on a closing basis or we could go down to 1100-1120. The best thing to do is to wait until the S&P 500 closes above 1180 and then buy.

These volatile markets offer many great trading opportunities. I usually look for a down day followed by a horrible open the next day. I usually have a list of stocks I want to buy and if they hit my price points, I will pull the trigger. If we get a nice bounce like we did this morning, I will then sell into the rally.

Check out some stock market events I will be watching for Thursday. 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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