Dow, Nasdaq, and S&P by closing time (5:16pm ET) |
- Market recovers compared to yesterday
- Oil price slightly decreased but remained at $30
- $30.68 per barrel, (7:38pm ET)
International Economy
- China's stock market resumed free falling, and it plunged 6% even after the government pumped in huge amount of cash into market.
- World market overall is rising today except for Brazil and China's market
- E.U. Euro dropped 0.48%, and Japanese Yen also continued falling down
- Mexican peso is rising, but it is still very low
Individual analysis
- Apple(AAPL) has released their financial report, and reports indicate that Apple had the most profitable quarter in American history.
- However, it was clearly visible that they managed to beat last year's record, and their growth rate has slowed down.
- Reports show that nearly half of U.S. households now have Amazon Prime, which is an premium membership offered by Amazon and requires $99 per year
- Although the oil price crashed, the oil production of U.S. did not decrease.
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