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| Dow, Nasdaq, and S&P by closing time (4:21pm ET) |
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| Dow and Nasdaq throughout trading hours (4:46pm ET) |
- Dow closed with 18003.75 points, which was 21.23 points more and 0.12% higher than yesterday's closure.
- NASDAQ closed with 4906.23 points, which was 39.66 points less and -0.8% lower than yesterday's closure.
- S&P500 closed with 2091.58 points, which was 0.1points more and 0% higher than yesterday's closure.
- Oil price rose higher than $43 per barrel
- $43.74 per barrel (4:20pm ET)
U.S./International Market
- While Dow and S&P500 rose today due to increase in oil prices; energy index rose 1.33% today.
- In contrast to Dow and S&P, NASDAQ continued to drop as technology sector goes into a slump. Technology index dropped 1.47%.
- Oil prices soared as the supply of crude oil seemed to decrease and the demand for oil started to retrieve balance with the supply. WTI crude oil prices soared 8% only in this week.
- European Market continued to decline from yesterday, especially in automobile industry. England's FTSE100 dropped 1.11%, French CAC40 dropped 0.29%, and German DAX dropped 0.6% compared to yesterday's closure.
- In Europe's automobile sector, which is one of the main reason of decline, Daimler AG stocks tumbled on diesel emission review, and other automobile companies like Volkswagen and PSA Peugeot also dropped in share prices.
- International gold prices tumbled as US Dollar went bullish. Gold prices dropped 1.6% than yesterday. Silver prices also dropped 1.1%.
Company Analysis
- Overall technology sector was doing poorly today.
- Google (GOOG) shares dropped 5.32% today.
- Microsoft (MSFT) shares dropped 7.17% today.
- On the contrast, energy and oil sector showed great performance today as oil price soared 8% this week
- Southwestern Energy (SWN) stocks rose 15% as their first quarter loss was much narrower than they expected.
- Murphy Oil Corp (MUR) also rose 6.42% as they show great performance and solid earnings.
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