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| Dow, Nasdaq, and S&P by closing time (4:00pm ET) |
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| Dow and Nasdaq throughout the day (4:00pm ET) |
- All three indexes closed higher than yesterday, but they were little unstable but most of the time consistent throughout the trading hours
- As Oil price continues to recover, stocks are also starting to recover.
- Oil price rose and went over $35 per barrel
- $36.33 per barrel (5:00pm ET)
International Economy
- Europe is back in deflation, and their business and consumer confidence is sagging. To make matters worse, due to the refugee crisis, they are bringing back border controls, which may cost around $20 Billion per year if fully reintroduced.
- European Euro's value is crashing; Euro is now trading $1.09 per 1 Euro, which is lower than $1.13 of February.
- Greek banks are plunging as their new government decides to challenge bailout and abandon their commitments to international lenders.
Individual Analysis
- Hewlett Packard (HPE) surged 13.79% today as they report better earnings than expected. The company reported earnings of $0.41 per share, which far passed the estimate of $0.39 per share. Their revenue was also outstanding.
- Chesapeake Energy (CHK)'s stock surged 20.37% today, and it has surged 89.63 percent for the past 5 days. Their stock surged today because they received immunity from prosecution in the case against their former CEO Aubry McClendon, who died of a car accident at 03.02.2016.
- The oil/energy industry overall is experiencing a huge incline in their shares as the oil price continued to rose today. Marathon Oil Corp (MRO) surged 8.73%, and Chesapeake Energy (CHK)'s stock also surged 20.37%.
- Netflix (NFLX) stocks surged as their famous original show, "House of Cards", started their new season.
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