Today's Stock Market (2016.02.24)

Daily Analysis

Dow, Nasdaq, and S&P by closing time (5:16pm ET)

Dow and Nasdaq during trading hours (5:16pm ET)

• All three indexes recovered from yesterday's downfall

• Not only recovering but they actually ended slightly higher than yesterday

• All three indexes briefly crashed in the beginning, continuing yesterday's crash.

• However, it rose after a short time

• Oil prices slightly increased, but still sits around $30

• $32.23 per barrel (6:50pm ET)

International market

• Although Dow had recovered slightly today, that doesn't mean that the market and oil price is stable right now. Before the oil price rebounded above $32 per barrel, Dow had dropped 267 points. Not only Dow, but other international markets were greatly affected by the unstable oil price right now.

• The chief of IMF, or International Monetary Fund, has warned Britain about Brexit, and said that they should stay in the E.U., or both of them will suffer.

• The shale oil industry of America is greatly suffering due to the low oil price. Saudi Arabia had aggressively pumped out oil to push down prices far lower than what American companies need to survive.

Individual Analysis

• Apple (AAPL)'s stock is down 10% this year and it is 30% below its all time high which was last April. Apple is likely to report a decline on their sale for this quarter, which is worse for them.

• First Solar (FSLR)'s stock rose 12.4% during the trading hours today. This was after their quarter report, which showed satisfying results.

• Many energy related companies were the winning stocks for today as oil rebounded to $32 per barrel. Chesapeake Energy (CHK) rose 22.83% during the trading hours, and Williams Companies inc (WMB) has rose 6.60% during the trading hours.