Wall Street 2/17/09 February 17, 2009 NYSE

Wall Street is getting hit hard today, 2/17/09. Almost all stocks are down except a select few and most gold stocks.

Why is the Stock Market down Today?

- General Motors ( GM ) and Chrysler are back in Washington possibly needing more money.
- Japan reported over the weekend that their recession is worsening.
- Gold prices are soaring ( $965 )
- Bank Stocks around the world continue to fall
- Confidence in the new administration is falling ( ie, Timothy Geithner's Bank Rescue Plan disaster last week.

The Dow Jones is hovering around 7600, 100 points above a major support level of 7500.
The S&P 500 is at 795, 50 points above support at 740

Most say we are testing the Bottom and if it holds, Wall Street could see a big bounce. Stay tuned!!

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Stock Market Close February 4, 2009

How did the stock market close on February 4, 2009? Bank of America ( BAC ) caused the market to fall late in the day.

Stock Market Closing Prices February 4th, 2009



Dow Jones Industrial Average ( DJIA ) Close - 7956.66 Down 121.70
Nasdaq Stock Market Close - 1515.05 Down 1.25
S&P 500 Close - 832.21 Down 6.30
http://dowjonesclose.com

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Wall Street February 4, 2009 - 2/4/09 NYSE

Today 2/4/09, the stock market futures are bouncing due to the ADP employment report released at 8:15am. The ADP report showed a loss of 522,000 jobs in the private sector. This news is actually better then expected and you might see stocks rally today. The big number comes on Friday, Feb 6th, as the Government will release the real employment report. This employment report will include the unemployment rate and how many jobs the US lost in January. I will also be looking to see if they revise down the December report since Wall Street did not seem to believe the data.

Full Article Here

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Wall Street 2/2/09 - February 2, 2009 NYSE

Wall Street is getting set to open up significantly lower today, 2/2/09, as the good bank bad bank plan that was announced early last week is now in jeopardy.

The stock market futures are pointing to a weak opening and this is dragging oil and gold down with it.

All eyes will be on Friday's (2/6/09 ) job report that is due out at 8:30am.

Today's Earnings - February 2, 2009

Humana HUM 2/02 8am 1.06EPS
Hologic HOLX 2/02 4pm .29EPS
Anadarko Petroleum APC 2/02 4pm .28EPS

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