Dow Jones Close 3/23/09 - Stock Market Closing Prices

Stock Market Closing Prices - 3/23/09

Dow Jones Industrial Average ( DJIA ) Close - 7775.86 Up 497.48
Nasdaq Stock Market Close - 1555.77 Up 98.50
S&P 500 Close - 822.92 Up 54.38
http://dowjonesclose.com

Libor Rates - 3/23/09

Commodities Closing Prices - 3/23/09

Gold - 937.80
Oil - 53.83
Natural Gas - 4.32

The Dow Jones Industrial Average closed at 7776 on 3/23/09, as the stock market exploded higher as the Treasury announced a plan to buy toxic assets from bank balance sheets over the weekend. We also received positive housing data at 10am est. The Dow Jones Futures were higher as pre market opened and went even higher as the day went on. The S&P 500 cleared major resistance at 800, the Nasdaq went over 1500 resistance, and the Dow surged over last weeks high to jump into the 7700's. The bank stocks led the charge due to the toxic asset news above. We won't know if this bank news will work until a few months from now, but Wall Street seems to be praising it.

Oil and Natural gas prices continue to rocket after last weeks run. Gold took a breather as investors seem to be taking more risk in the stock market.

Stocks to Note: Apple ( AAPL ) broke above the $103.60 resistance level and appears to be headed back to $110, Google ( GOOG ) closed above $340 and appears to be headed back to $380, Baidu ( BIDU ) hit $187 and could be headed back toward the $200 level.

I continue to find trading opportunities in FAS and FAZ, and I will now get back into FAZ when it breaks back up through $27, an area it was having trouble with today.

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

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