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Friday, December 12, 2008

Dow Jones Close 12/12/08 - Stock Market Closing Prices

Stock Market Closing Prices - 12/12/08

Dow Jones Industrial Average ( DJIA ) Close - 8629.68 Up 63.96
Nasdaq Stock Market Close - 1540.72 Up 32.84
S&P 500 Close - 879.74 Up 6.15
http://dowjonesclose.com

Libor Rates - 12/12/08

1 Month - 1.04%
3 Month - 1.921%

Commodities Closing Prices - 12/12/08

Gold - 820.50
Oil - 46.69
Natural Gas - 5.56

The Dow Jones Industrial Average closed at on 8629 12/12/08, as we got horrible auto bailout news last night which pushed the stock market futures down in a big way this morning. The Dow Jones bounced off of 8150 in pre market trading this morning and it will all up hill from there. This is the second straight Friday where the stock market has gone up on bad news, a very positive sign. The Nasdaq was the strongest market today as Tech Stocks rallied the most. I love the Nasaq over 1500 and the Dow Jones over 8500 so as long as they stay over those two levels, they will be fine. The bailout is still not a done deal and the White House has yet to act. Many think the money will come from the TARP program. Next week will be a busy week! We have the Fed Meeting as well as Goldman Sachs ( GS ) earnings December 16th. I will have full technical analysis of the markets over the weekend Right Here.

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