Focus turns to Federal Reserve Chairwoman Yellen’s Speech

 

U.S. stocks are moving up today with a speech by Federal Reserve Chairwoman Janet Yellen scheduled for this afternoon. The S&P is up 0.08%, and the Dow is up 0.09%.

In Asia, markets are broadly higher Friday with financial stocks leading the rise. The Hang Seng was up 0.78% while the Nikkei was up 0.37%.

In Europe markets are lower today with investors nervous ahead of Yellen’s speech. The FTSE is down 0.04%, while the DAX is down 0.16%.   

Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.32 to $49.16 per barrel, while natural gas is down $0.03 to $2.11. Metals prices are mixed. Gold is unchanged at $1,220.40 per ounce and platinum is down $1.80 to $994.00. The Dollar is down versus the Euro and the Yen.

Relypsa, Inc.  (RLYP), Big Lots Inc. (BIG), and ULTA Salon, Cosmetics & Fragrance, Inc. (ULTA) are early risers, while Terex Corporation (TEX), GameStop Corp.(GME) and Western Digital Corporation (WDC) are down. [InvestorsKeyhole, news and data sources]

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