Markets dip as oil prices move lower

 

U.S. stocks are lower this morning as  oil prices fall back from yesterday’s rally. The S&P is down 0.20% and the Dow is down 0.12%.  

Asian stocks finished mixed Tuesday as a stronger dollar provided some lift. The Shanghai finished down 0.56% while the Hang Seng was up 1.27%.

European stocks are currently higher as markets fluctuate between gains and losses. The FTSE is up 0.98%, while the DAX is up 1.71%.   

Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.51 to $50.84 per barrel, while natural gas is down $0.02 to $3.25. Metals prices are lower. Gold is down $3.50 to $1,256.90 per ounce and platinum is down $1.40 to $964.00. The Dollar is up versus the Euro and the Yen.
JinkoSolar Holding Co., Ltd.  (JKS), Merrimack Pharmaceuticals, Inc.  (MACK) The Kroger Co.  (KR) are early risers, while Illumina Inc (ILMN),Alcoa Inc. (AA), and Abbott Laboratories   (ABT) are down. [InvestorsKeyhole, news and data sources]

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