World markets wait for U.S. jobs reports

U.S. markets are mostly unmoved Friday morning after moving up on Thursday. The S&P 500 is down 0.02% and the Dow is down 0.01%. Nonfarm payrolls grew by 214,000 jobs in October after gaining 248,000 jobs in September.

Asian markets finished Friday mixed as Tokyo stocks returned to their upward trend. The Nikkei rose 0.52% while the Shanghai Composite fell 0.32%.

European stocks are mixed this morning as a rally created by the European Central Bank sputtered. The FTSE is up 0.54%, and the DAX is off 0.55%.

Energy futures are up Friday. The price for West Texas Intermediate crude oil is $78.56 per barrel, up $0.68 and natural gas is up $0.02. Metals prices are falling again Thursday. Gold is up $2.60 and platinum is down $4.00. The Dollar is down versus the Euro and up against the Yen.

Sears Holdings Corporation (SHLD), Zynga, Inc.  (ZNGA) and King Digital Entertainment  (KING), are up, and American Capital, Ltd. (ACAS), Transocean Ltd.  (RIG) and National Bank of Greece  (NBG) 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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