Global stocks regain balance


U.S. stocks are rising this morning as global stocks regain their footing after sliding all week. The S&P 500 is up 0.80% and the Dow is up 0.77%. Nonfarm payrolls grew by 292,000 in December, up from the 211,000 jobs added in November.

In Asia, markets finished mixed Friday after Chinese authorities suspended the circuit breaker system that many blamed for recent volatility in the Chinese market.  The Shanghai Composite was up 1.97%, and the Nikkei was down 0.39%.

European stocks are mixed today as markets took back some of their losses from earlier in the week. The FTSE is up 0.46%, while the french CAC 40 is down 0.32%.   

Energy futures are rising today. The price for West Texas Intermediate crude oil is up $0.47 to $33.44 per barrel, while natural gas is up $0.01 to $2.39. Metals prices are down today. Gold is down $7.90 to $1,099.90 per ounce and platinum is down $2.00 to $875.50 an ounce. The Dollar is up versus the Euro and the Yen.

JinkoSolar Holding Co., Ltd.(JKS), Relypsa, Inc.  (RLYP), and Canadian Solar Inc. (CSIQ) are early risers, while The Container Store Group, Inc. (TCS), Qorvo, Inc.  (QRVO) and The Gap, Inc.(GPS) are down. [InvestorsKeyhole, news and data sources]


You May Also Like