Markets lower to start the week

U.S. stocks are down Monday morning, continuing last weeks downward trend. The S&P 500 is down 0.57% and the Dow is down 0.54%. 

Asian markets were mixed Monday as protests unsettled Hong Kong markets. The Hang Seng was down 1.90%  while the Nikkei was up 0.50%.

European markets are mostly lower this morning. The FTSE is down 0.19%, and the DAX is down  0.44%. 

Energy futures are mixed today. West Texas Intermediate crude oil is $93.20 per barrel, down $0.34 and natural gas is up $0.01. Metals prices are moving up. Gold is up $7.60 and platinum is up $4.20. The Dollar is down versus the Euro and up against the Yen.

DreamWorks Animation SKG Inc. (DWA), Athlon Energy Inc. (ATHL) and TIBCO Software Inc. (TIBX), are up. Petrobras (PBR), Discover Financial Services  (DFS) and Cyber-Ark Software Ltd (CYBR) 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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