Dow Jones Close 5/27/09 - Stock Market Closing Prices

Stock Market Closing Prices - 5/27/09

Dow Jones Industrial Average ( DJIA ) Close - 8300.02 Down 173.47
Nasdaq Stock Market Close - 1731.08 Down 19.35
S&P 500 Close - 893.06 Down 17.27
http://dowjonesclose.com

Libor Rates - 5/27/09 - Mortgage Rates

Commodities Closing Prices - 5/27/09

Gold - 951.20
Oil - 63.23
Natural Gas - 3.54

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The Dow Jones Industrial Average closed at 8301 on 5/27/09, as the stock market was mixed all day but tanked during the afternoon hours. The Dow Jones Futures were up slightly in pre market and stocks zig zagged from positive to negative for most of the day. The stock market started to sell off after a treasury auction went well but Wall Street feared demand could weaken in the weeks ahead. Meanwhile, the Government keeps printing money and commodities are skyrocketing again ( ie, Oil, Gold ). The Dow Jones was rejected in the 8500's and the S&P 500 can no longer hold 900. I continue to watch 8250 on a closing basis for the Dow Jones and 879 for the S&P 500. A close below these levels would be very bearish in the short term.

Meanwhile, the hottest stock today was a tiny company called Oculus Innovative Sciences, Inc. (OCLS). Oculus says FDA approves skin, wound gel which sent the stock up more then 250%.
Check out some of the events I will be watching for tomorrow.

Check out my stocks to watch report for Thursday. I will also have technical analysis of the stock market tonight - Right Here

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