Markets look to extend positive trend

U.S. stocks are rising Tuesday morning after starting the week on a positive note. The S&P 500 is up 0.61% and the Dow is up 0.45%.

Asian were mixed Tuesday as data showed the slow third quarter economic growth in China. The Nikkei was down 2.03% and the Hang Seng was up 0.04%.

In Europe, markets ticked up on European Central Bank plans to buy corporate bonds. The FTSE is up 0.93%, and the DAX has risen 1.34%. 

Energy futures are mixed this morning. The price for West Texas Intermediate crude oil is $82.23 per barrel, up $0.32 and natural gas is down a cent. Metals prices are mostly up today. Gold is up $4.20 and platinum has gained $5.00. The Dollar is up versus the Euro and down against the Yen.

Harley-Davidson, Inc.. (HOG), National Bank of Greece (NBG) and FedEx Corporation (FDX), are early gainers, while Petr (PBR), Chipotle Mexican Grill, Inc (CMG) and Trinity Industries Inc.(TRN) 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..

You May Also Like