Dow, Nasdaq, and S&P by closing time (5:16pm ET) |
Dow and Nasdaq throughout the day (5:16pm ET) |
- All three indexes increased drastically compared to yesterday
- Throughout the trading hours, all three indexes increased consistently without any sudden crashes
- Dow popped 349 points today, making its second best day of the year
- Nasdaq had its best day of 2016 with a 2.9% gain
- This is because it was Super Tuesday (13 states voted for their favorite presidential nominee) today
- Oil price rises up to $34 per barrel
- $34.05 per barrel (11:03pm ET)
International economy
- China's economy is continuing to show signs of decline, but investors aren't really caring as the U.S. market started to recover today
- Oil has finally stopped crashing; the oil price had a incredible spike of 32% as it climbed backed to $34 per barrel.
- OPEC and other producers like Russia has agreed to a tentative deal on 2/17 to freeze output.
Individual Analysis
- Lego, the famous block toy maker, has posted a 25% jump in revenue and 31% rise in net profits in 2015 due to the new Star Wars series and other products.
- Rolce Royce has unveiled their new lineup of Ghost and Wraith. Both cars have a new design which are targeted towards the younger rich people.
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