Stocks in the U.S. are pointed lower ahead of Wednesday’s open. Trade still seems to be the primary driver this morning, with markets reacting to new headlines as they come out. The Dow Jones is down -0.07%, the S&P 500 is down -0.14%, the Nasdaq is down -0.15%.
Today's market outlook is Neutral
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Stocks on the Move
Praxair, Inc. (PX), MGM Resorts International (MGM) and Juniper Networks, Inc. (JNPR) are moving higher this morning, while LyondellBasell Industries NV (LYB), Advanced Micro Devices, Inc. (AMD) and Yum! Brands, Inc. (YUM) are headed lower. SunPower Corporation (SPWR), Transocean LTD (RIG) and Juniper Networks, Inc. (JNPR) were upgraded by analysts this morning, while KBR, Inc. (KBR), Platform Specialty Products Corp (PAH) and LyondellBasell Industries NV (LYB) were downgraded.
Stocks in Asia are mixed. The Hang Seng is up 1.19%, the Shanghai SE Composite Index is up 1.14%, the Nikkei 225 is up 1.08% the Australia ASX All Ordinaries is up 0.44% and the Mumbai Sensex is down -0.45%. In Europe stocks are mixed. The CAC 40 is up 0.16%, the FTSE 100 is up 0.14%, the DAX is up 0.12% and the Euro Stoxx 50 is down -0.19%.
Futures and Currencies
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.01 at 69.84 per barrel. Brent crude is down -0.21 at 78.82 per barrel. Natural Gas is up 0.01 at 2.93. Precious metals are up this morning. Gold is up 6.7 at 1205.06 per ounce. Platinum is up 9.23 at 823.07 while silver is up 0.04 at 14.23. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound.
Yesterday, 988,476 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 546,089 put contracts. The single-session put/call was 0.55 while the 20-day moving average is now at 0.59.
Day's Range:$272.37 - $277.09
52-week Range:$293.94 - $252.92
Day's Range:$249.93 - $254.61
52-week Range:$269.28 - $228.15
Day's Range:$170.93 - $174.86
52-week Range:$187.53 - $146.33
Today's Economic Calendar
|What's Happening||Period||Release Time|
|MBA Mortgage Applications Index||09/15||07:00|
|Current Account Balance||Q2||08:30|