Dow, Nasdaq, and S&P by closing time (5:16pm ET) |
Dow and Nasdaq throughout trading hours (5:16pm ET) |
- Dow and Nasdaq closed with higher points than yesterday, and S&P closed the same as yesterday
- Unlike yesterday, all three indexes were very unstable throughout the trading hours
- Dow and Nasdaq managed to finish higher than yesterday
- Oil price continued to rise over $34 per barrel
- $34.74 per barrel (11:43pm ET)
International market
- Saudi Arabia is trying to take over the oil market of China, which was Iran's biggest oil market.
- Asian stocks surged today; Japan's Nikkei (N225) rose 4% today, and China's Shanghai Composite (SHCOMP) jumped 4.3%, continuing the global up rise following the U.S.' standout day yesterday.
- China's credit ranking is close to dropping down a rank; agency Moody's cut the outlook on China's credit ranking because of its rising debt levels
Individual Analysis
- Tesla (TSLA) has plunged 3% since yesterday despite it was a great day for all markets; this is because it has become a target among wall street's most prominent short sellers.
- Due to the continuation of low oil prices, Exxon Mobil (XON), the biggest oil company in America, has slashed its capital budget by $20 billion since its peak in 2013.
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