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

Friday, December 11, 2009

Dow Jones Close 12/11/09 - Stock Market Closing Prices

Stock Market Closing Prices - 12/11/09

Dow Jones Industrial Average ( DJIA ) Close - 10471.50 Up 65.67
Nasdaq Stock Market Close - 2190.31 Down 0.55
S&P 500 Close - 1106.41 Up 4.06
http://dowjonesclose.com

Libor Rates - 12/11/09 - Mortgage Rates

Commodities Closing Prices - 12/11/09

Gold Close - 1117.30
Oil Close - 69.74
Natural Gas Close - 5.14

Discuss Stocks - www.stockstobuy.org

The Dow Jones Industrial Average closed at 10472 on 12/11/09, as the stock market jumped on a better then expected retail sales report. The Dow Jones Futures were up around 40 in pre market and extended gains after retail sales spiked 1.3% in November. We also saw the stock market rise while the US Dollar was up....all day!

The S&P 500 is now nearing a major resistance zone located at 1110-1120. A close above 1110 would cause shorts to start covering and we could see the stock market break to new highs. On the downside, sell-offs in the 1080-1085 area should be bought unless we close below 1080, then I'd be a seller of stocks in the short term.

Gold broke to new lows on the current downtrend, hitting around 1110. Some of the largest traders say Gold could settle between 1025-1075 before resuming the uptrend.

Finally, keep an eye on AOL Inc. ( AOL ). The stock IPO'd Thursday and didn't do much but took off on Friday. Watch it closely next week!

Check out some additional events I will be watching for Monday.

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

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