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| Dow, Nasdaq, and S&P by closing time (5:16pm ET) |
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| Dow and Nasdaq throughout trading hours (4:48pm ET) |
- All three indexes finished higher than last week.
- All three indexes were consistent and stable throughout trading hours
- Dow has topped over 18000 points since last year July
- Oil has dropped below $40 but it has recovered back nearly $40
- $39.99 per barrel (6:15pm ET)
International/U.S. Economy
- The meeting between top oil producing countries that was held at Doha has failed to reach an agreement to freeze oil output. Due to this, oil has plunged to $36 per barrel, but it recovered as the oil production of Kuwait dropped more than 60% due to the strike of oil companies.
- Despite the failure of reaching agreements in Doha, the market was bullish as companies release quarter reports with great earnings.
- As oil price recovers from the plunge during the weekend, European Market has also recovered. England's FTSE 100 rose 0.15%, France's Euronext 100 rose 0.18%, and Germany's DAX rose 0.68%.
Individual Analysis
- Hasbro (HAS) stocks rose 5.79% as they released their strong first-quarter earnings result. Sales rose 16% (or 20% after adjusting for exchange-rate swings) and net income bounced 82% higher as bottom line profitably expanded to 5.7% of sales from 3.7% a year ago.
- Disney (DIS) stocks rose 2.93% and rose 5.41% for five days. This is due to their new movie "Jungle Book", which is on its way to $100 million launch rally.
- Netflix (NFLX) has also released their first quarter report today, which showed solid results but disappointing international growth, causing their shares to drop 2.79% today.
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