Market Watch 12/14/2009
(2009-12-14 21:23:31)
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Stock Market Closing Prices – 12/14/09
Dow Jones Industrial Average ( DJIA ) Close – 10501.05 +29.55
Nasdaq Stock Market Close – 2212.10 +21.79
S&P 500 Close – 1114.11 +7.70
Commodities Closing Prices - 11/27/09
Gold Close - 1176
Oil Close - 76.14
Natural Gas Close - 5.27
The market climbed Monday after the Middle Eastern city-state of Abu Dhabi extended $10 billion to nearby Dubai to help the emirate make debt payments.
The market's advance was uneven after Exxon Mobil said it would acquire XTO Energy Inc. The move will help Exxon tap into the growing supply of natural gas in the U.S. and could signal that more deals are afoot in the energy industry.
Financial stocks rose after Citigroup Inc. said it would repay the $20 billion it received last year from the government's financial rescue program. The government also will sell its 34 percent stake in the company. The news came just days after Bank of America Corp. repaid the $45 billion in bailout money it owed taxpayers.