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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 (4:33pm ET) |
- Dow closed with 18092.27 points, which was 0.24% higher than yesterday and highest since last year July.
- Nasdaq closed with 4948.13 points, which was 0.16% higher than yesterday.
- S&P500 closed with 2102.40 points, which was 0.07% higher than yesterday.
- Oil prices reached 2016 high, going over $43 per barrel
- $43.80 per barrel (6:26pm ET)
International/U.S. Markets
- The oil price, which hit its highest price of 2016, caused the market rise today. Crude oil prices increased after the U.S. inventory check showed that the increase in stock of crude oil was much smaller than expected; crude oil stocks increased 2100000 barrels, which was much lower than API's expectation of 3100000 barrels.
- International silver prices maintained its incline from yesterday, continuing to break the 11 month high since last year May. Silver prices has jumped 5% this week.
- Gold prices finished at $1254.4, which was $0.1 higher than yesterday's price.
- European market continued its incline for 4 days due to rising oils and bank stock shares. England's FTSE100 rose 0.08%, French CAC40 rose 0.56%, and German DAX rose 0.69%.
Corporate Analysis
- Coca-Cola (KO) shares plunged 4.79% as they released their quarter report, which indicated that their classic soft drink line was doing bad compared to other product lines.
- As oil price rose, oil stocks also experienced huge incline.
- Chesapeake Energy Corp (CHK) rose 4.9% today.
- Chevron (CVX) rose 1.18% today and rose 4.19% for the past five days.
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