Stocks work to regain footing

U.S. stocks are creeping up Friday morning after falling sharply Thursday. The S&P 500 is up 0.11% and the Dow is up 0.18%. 

Asian markets were mixed Friday as stocks steadied after a difficult week, with investors attributing losses to international conflict, high stock prices, and concern over asset seizures in Russia. The Shanghai Composite was up 0.11%  while the Nikkei was down 0.88%.

European markets are climbing this morning. The FTSE is up 0.13%, and the DAX is up 0.07%. 

Energy futures are mixed today. West Texas Intermediate crude oil is $93.14 per barrel, up $0.61 and natural gas is down $0.03. Metals prices are moving down. Gold is down $1.40 and platinum is down $4.40. The Dollar is up versus the Euro and the Yen.

Aixtron SE (AIXG), Nike, Inc. (NKE) and Micron Technology, Inc. (MU), are up. Finish Line Inc.  (FINL), Two Harbors Investment Corp. (TWO) and AngloGold Ashanti Ltd. (AU) 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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