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Saturday, October 8, 2016

Dow Jones Close 10/7/16 Stock Market Closing Prices

Stock Market Closing Prices - October 7, 2016

Dow Jones Industrial Average ( DJIA ) Close - 18240.49 Down 28.01
Nasdaq Stock Market Close - 5292.40 Down 14.45
S&P 500 Close  - 2153.74 Down 7.03
http://dowjonesclose.com

Commodities Closing Prices - 10/7/16

Gold Close - 1257
Silver Close - 17.39
Oil Close - 49.56
Natural Gas Close - 3.04

The Dow Jones Industrial Average closed at 18241 on 10/7/16, as the stock market ended down today.  The jobs report came in worse than I expected which underscores the slow growth we continue to see under the Obama Administration.  The S&P 500 is trapped in a range between 2120-2170 right now with no clear direction.  I still expect the S&P 500 to see a correction back to its 200 day moving average at some point, now located at 2066 and rising.  Keep an eye on earnings from Yum Brands Alcoa (AA) next week.   We will be watching this stock closely in the stock picks group.

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