U.S markets are showing little change to begin Friday

U.S. markets are up slightly Friday morning. The S&P 500 is up 0.05% and the Dow is rising 0.06%. Retail sales rose 0.3% in October after falling 0.3% in September.

Asian markets finished mixed on Friday as investors looked forward to Monday’s launch of the Hong Kong-Shanghai stock connect program. The Shanghai Composite fell 0.27% while the Nikkei was up 0.56%.

European stocks are lower this morning with oil and mining stocks leading the way down. The FTSE is down 0.23%, and the DAX is off 0.41%.

Energy futures are edging up today. The price for West Texas Intermediate crude oil is $74.48 per barrel, up $0.27 and natural gas is up $0.02. Metals prices are falling. Gold is down $10.20 and platinum is down $11.80. The Dollar is up against the Euro and the Yen.

InterDigital, Inc. (IDCC), Baker Hughes Incorporated (BHI) and Hertz Global Holdings, Inc. (HTZ), are up, and CSX Corp.   (CSX), Petrobas (PBR) and Centrais El(EBR) 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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