Stock Market Closing Prices - 8/8/11
Dow Jones Industrial Average ( DJIA ) Close - 10809.85 Down 634.76
Nasdaq Stock Market Close - 2357.69 Down 174.72
S&P 500 Close -1119.46 Down 79.92
http://dowjonesclose.com
Libor Rates - 8/8/11 - Mortgage Rates
Commodities Closing Prices - 8/8/11
Gold Close - 1720.50
Libor Rates - 8/8/11 - Mortgage Rates
Commodities Closing Prices - 8/8/11
Gold Close - 1720.50
Silver Close - 38.95
Copper Close -3.93
Oil Close - 80.30
Natural Gas Close - 3.95
The Dow Jones Industrial Average closed at 10810 on 8/8/11, as the stock market tanked hard today on a US Debt Downgrade by S&P and recession fears. Panic has overtaken Wall St. and people shooting now and asking questions later. The Volatility Index (VIX) is up at 46 vs 16 several weeks ago so we are seeing a huge spike in fear.
Oil Close - 80.30
Natural Gas Close - 3.95
The Dow Jones Industrial Average closed at 10810 on 8/8/11, as the stock market tanked hard today on a US Debt Downgrade by S&P and recession fears. Panic has overtaken Wall St. and people shooting now and asking questions later. The Volatility Index (VIX) is up at 46 vs 16 several weeks ago so we are seeing a huge spike in fear.
The S&P 500 will now have support between 1080-1100 so if you are looking for an area to buy, this would probably be a good area. As always, keep a tight stop.
The good news is that given the large declines we've been seeing, a jaw dropping rally is just around the corner.
Check out my Stocks to Watch report for Tuesday
Today's Biggest Stock Market Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stocks Top 2010 Stock Gainers - Top 2010 Penny Stocks - Hot OTC Stocks - Stocks for 2011
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/