Markets look for a better week

U.S. stocks are up slightly to start the week. The S&P 500 is up 0.24% while the Dow is up 0.12%.  

Asian markets finished Monday mixed, as China’s trade data beat expectations. The Nikkei was down 1.15% and the Hang Seng rose 0.24%.

European stocks are higher this morning after a slow start. The FTSE is up 0.20%, and the DAX is up 0.48%. 

Energy futures are mostly down this morning. West Texas Intermediate crude oil is down to $84.66 per barrel, down $1.17 and natural gas is down less than a cent. Metals prices are up this morning. Gold is up $5.60 and platinum is up $1.90. The Dollar is down against both the Euro and the Yen.

CSX Corp. (CSX), Petr(PBR) and Atlas Energy, L.P  (ATLS), are headed up. Shutterfly, Inc. (SFLY), Luxottica Group SpA  (LUX) and Lithia Motors Inc. (LAD)are down.

 


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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