After encouraging interest-rate news from Federal Reserve Chair Janet Yellen, U.S. markets are headed up on Thursday morning. The S&P 500 is up 0.39% and the Dow is up 0.34%.There were 280,000 initial unemployment claims for the week of September 13, down from 315,000 the prior week.
Asian markets were mixed Thursday. The Hang Seng was down 0.85% and the Nikkei rose 1.13%.
European stocks are moving up today, while all eyes are on the Scottish independence vote. The FTSE is up 0.42%, and the DAX is up 0.97%.
Energy futures are little moved today. West Texas Intermediate crude oil is $94.45 per barrel, up $0.03 and natural gas is up $0.03. Metals prices are down. Gold is off $15.00 and platinum is down $14.60. The Dollar is down versus the Euro and up versus the Yen.
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..