Markets end the week undecided

 

U.S. markets are mostly unmoved early Friday. The S&P 500 is up 0.03% and the Dow is up 0.01%. Retail sales were up 0.6% in August, following a flat result for July.

Asian markets were mixed on Friday. The Hang Seng was down 0.27%, extending a six day upward trend,  and the Nikkei continued a five day climb, up 0.25%.

European markets are mixed this morning, as investors await word from the Eurogroup meeting in Milan. The FTSE is up  0.28%, and the DAX is down 0.10%. 

Energy futures are mixed today. West Texas Intermediate crude oil is $92.89 per barrel, up $0.06 and natural gas is unchanged. Metals prices are moving down. Gold is down $0.80 and platinum is down $8.00. The Dollar is down versus the Euro and up against the Yen.

Conversant, Inc.(CNVR), ULTA Salon, Cosmetics & Fragrance, Inc.(ULTA) and XPO Logistics, Inc. (XPO), are headed up.  Achillion Pharmaceuticals, Inc. (ACHN), IPG Photonics Corporation (IPGP) and Mobileye N.V. (MBLY) are falling.


Michael Haden is an Options Analyst at InvestorsObserver. He graduated from James Madison University in 1986 with a degree in Marketing. In two decades with Standard & Poor’s, Michael honed his analytical skills in the Financial Industry. He has a conservative view toward investing and prefers value stocks to high-fliers with big risk..

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