Stocks show little early movement

U.S. markets are mostly flat Thursday morning. The S&P 500 is up 0.16% and the Dow is up 0.05%. There were 278,000 initial claims for unemployment for the week of November 1, down from 287,000 the week before.

Asian markets finished Thursday mixed as Tokyo stocks took a tumble for the first time in five days. The Nikkei fell 0.86% while the Shanghai Composite rose 0.27%.

European stocks are moving down this morning as the European Central Bank held interest rates low. The FTSE is down 0.08%, and the DAX is off 0.02%.

Energy futures are mixed today. The price for West Texas Intermediate crude oil is $78.27 per barrel, down $0.41 and natural gas is unchanged. Metals prices are falling again Thursday. Gold and platinum are both down $2.10. The Dollar is down versus the Euro and the Yen.

American Capital, Ltd. (ACAS), Tableau Software, Inc.  (DATA) and Whole Foods Market, Inc.  (WFM), are up, and Genworth Financial, Inc.(GNW), Generac Holdings Inc.  (GNRC) and QUALCOMM Incorporated  (QCOM) 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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