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| Dow, Nasdaq, and S&P by closing time (4:03pm ET) |
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| Dow and Nasdaq throughout trading hours (4:03pm ET) |
- All three indexes finished higher than yesterday
- There was a short decline and a sudden incline, but after that the indexes were stable throughout the day
- Oil prices recovered back to $42 per barrel, setting a new 2016 high
- $42.16 per barrel (3:17pm ET)
International/U.S. Economy
- Oil prices have recorded a new high for 2016 today as rumors say that Russia and Saudi Arabia has reached an deal to freeze oil output.
- Researches done by Rhodium group and the National Committee on U.S.-China relations show that direct investment by China in the U.S. has reached $30 billion in 2016.
- That's double last year's record, which was $15 billion
- E.U. has proposed a new rule that would force large, multinational companies that are present in E.U. to report how much money they make and how much tax they pay, including in each European company and their tax havens. Companies would have to provide a summary about how much tax do they pay in other parts of the world.
Individual Analysis
- Tesla Motors (TSLA) stocks continued to drop as they recall their new Model X for defective third row seats. Tesla Stocks experienced a 3.1% drop at Thursday, 04.07, and they experienced a 0.85% drop today.
- Netflix (NFLX) stocks rose 4.19% today as Cantor Fitzgerald analysts said the online video streaming provider is set to deliver solid subscriber growth for the 2016 first quarter, despite a maturing U.S. market.
- Marathon Oil Corp (MRO) experienced a 12.43% rise today as the company reached agreements to sell non-core assets for $950 million, bringing its total sales from divestitures to roughly $1.3 billion since last year.
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