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Markets fall into Friday

Friday, May 13, 2016 08:44 AM | Michael Haden

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Markets fall into Friday

U.S. stocks are moving lower today as oil prices fall. The S&P is down 0.33%, and the Dow is down 0.40%. Retail sales increased 1.3% in April after a 0.3% decline in March. In Asia, stocks fell Friday with downbeat reports from U.S. retailers weighing on sentiment. The Nikkei was down 1.41% while the Hang Seng was down 0.99%. European stocks are mixed today after eurozone data revealed a lower than expected rate of growth. The FTSE is down 0.45%, while the DAX is up 0.05%.    Energy futures are falling this morning. The price for West Texas Intermediate crude oil is down $0.54 to $46.16 per barrel, while natural gas is down $0.07 to $2.08. Metals prices are up today. Gold is up $5.00 to $1,260.70 per ounce and platinum is up $2.20 to $1,056.20. The Dollar is up versus the Euro and down against the Yen. NVIDIA Corporation(NVDA), Shake Shack Inc. (SHAK), and YY Inc. (YY) are early risers, while J. C. Penney Company, Inc. (JCP), Dillard's Inc. (DDS) and LendingClub Corporation (LC) are down. [InvestorsKeyhole, news and data sources]

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