Wednesday, January 27, 2016

Today's Stock Market (1.27.2016)

Daily Analysis
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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