Today's Stock Market (2016.02.17)

Daily Analysis

Dow, Nasdaq, and S&P by closing time (4:03pm ET)

Dow and Nasdaq during trading hours (4:03pm ET)

• All three indexes end higher than yesterday, and they continued to recover points since yesterday.

• All three indexes were rising consistently throughout the day, and there wasn't any sudden rise or fall in the indexes

• Considering that the oil price showed unpromising future, this is very surprising
• Oil price rose and recovered back to $30 per barrel

• $30.56 per barrel (3:41pm ET)

International Market

• Warren Buffett, the famous investor, invested a great amount of money in oil stocks. Buffett bought a huge amount of Kinder Morgan(KMI), an oil pipeline company.

• Gulf investors are now betting on India's market. India had a growth of 7.3%, and its demand for energy is rising in high speed.

• China has sold $18 billion of U.S. treasury debt in December, and following China, Japan has sold $22 billion, which was even more than China.

• Iran officially stated that they support the deal between Saudi Arabia and Russia to freeze oil production. Oil price rallied after this statement was made.

Individual Analysis

• Kinder Morgan(KMI)'s share rose over 10% after Warren Buffett revealed that he has purchased a huge amount of their share.

• As Freeport-McMoRan Inc (FCX), a copper&gold mining company, decides to sell 13% of their shares to Morenci Mine for $1 Billion, their stocks rised more than 12%. 

• Tesla Motors (TSLA) made a deal with SolarCity (SCTY) to get batteries from them to enable solar energy at night. This caused Tesla's shares rise 8.71%, and SolarCity's share rise 13.17%.