Monday, April 25, 2016

Today's Stock Market (2016.04.25)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:40pm ET)
Dow and Nasdaq throughout trading hours (4:40pm ET)
  • Dow closed with 17977.24 points today, which was 26.51 points less and 0.15% lower than last week Friday.
  • NASDAQ closed with 4895.79 points today, which was 10.44 points less and 0.21% lower than last week Friday.
  • S&P500 closed with 2087.79 points, which was 3.79 points less and 0.18% lower than last week Friday.
  • WTI Crude oil prices were $42.64 per barrel, which were 1.09 dollars (2.5%) lower than last week.
International/U.S. Market
  • Overall U.S. market declined today as oil prices plunged and business cycle indicator did not meet up to the expectations of the market.
  • Oil prices plunged today, mainly because U.S. crude oil stocks have increased.
  • European market continued to fall for four straight days as oil price plunged and bank stocks went down due to worries about their quarterly earnings. British FTSE100 dropped 0.78%, French CAC40 dropped 0.52%, and German DAX dropped 0.76%.
Company analysis
  • GoPro (GPRO) stocks plunged 8.3% as Pacific Crest expects longer-term downside given weakness in action cameras.
  • McDonald's (MCD) stocks rose 1.56% as Suntrust Robinson Humphrey analysts said the fast food sector will outperform this quarter.
  • Time Warner Cable (TWC) stocks surged 4.06% as DOJ approved charter deal.

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