Dow, Nasdaq and S&P by closing time (4:31pm ET) |
- Overall market shifted consistently during the day, but ended with a sharp drop
- Dow was affected by the Federal Reserve statement, and it dropped 223 points after the Statement was release
- Nasdaq was consistently lower than yesterday
- Oil price rises compared to yesterday
- $31.97 per Barrel (4:04pm ET)
International Market
- Due to the drop in oil prices, the Saudi Arabian stock market is crashing and big investors are starting to bet against the Saudi Arabian currency
- European Euro and Canadian Dollar dropped down
- Japanese Yen, which was on a falling streak, rose 0.11% today
- Chinese Yuan rose 0.05%
Individual Analysis
- Communication sectors rose 1.87% in 3 month progress
- Apple (AAPL)'s stock dropped 6.57% from opening price even though they had the most profitable quarter in their history
- this is because their financial report also revealed that their growth has stopped
- McDonald's (MCD) is staying around their 52 week high, which was $121.90 per share. Today's day high was $121.62, and low was $119.83
- They are keeping up their stock price unlike the overall market
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