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Stock Market Closing Report - 12/8/20 December 8, 2020

Tuesday, March 10, 2009

Dow Jones Close 3/10/09 - Stock Market Closing Prices

Stock Market Closing Prices - 3/10/09

Dow Jones Industrial Average ( DJIA ) Close - 6926.49 Up 379.44
Nasdaq Stock Market Close - 1358.28 Up 89.64
S&P 500 Close - 719.60 Up 43.07
General Electric GE Stock Close -$8.82 Up 19%
http://dowjonesclose.com

Libor Rates - 3/10/09

Commodities Closing Prices - 3/10/09

Gold Close - 899
Oil Close - 46.02
Natural Gas Close - 3.85

The Dow Jones Industrial Average ( DJI ) closed at 6926 on 3/10/09, as the stock market rallied big on news that Citigroup ( C ) has been profitable through February 2009. The Dow Jones Futures opened up significantly higher during pre market as the bank stocks soared on the Citi news. CNBC's Mark Haines then declared a stock market bottom for the first time since this whole stock market crash. It seemed to work because stocks rallied hard at the open and the Dow Jones then spiked up over the 6850 level when Barney Frank spoke about bringing back the uptick rule in the next 30 days. Right before 3pm we saw an attempted sell off but then the stocks ripped even higher. These are signs of a very strong stock market! When stocks opened this morning, stock advancers outpaced decliners by a 10 to 1 margin. We haven't seen this happen in a long time. Jim Cramer then came on CNBC in the afternoon and stated in order for this rally to be real, he would need to see JP Morgan ( JPM ) get and stay over $20. JPM stock is trading at around $19 currently. Also, Meredith Whitney came on CNBC - View her comments Right Here. The Dow Jones closed over the 10 day moving average for the first time since we broke down below it back in early February, a very bullish sign!

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

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