U.S. markets are down this morning. The S&P 500 is down 0.21%, and the Dow is down 0.15%. Markets may be responding to St Louis Fed president James Bullard's suggestion that a rate hike may be coming in 2015.
Asian stocks slid today in response to a stronger Yen. The Nikkei was down 1.39%, the Shanghai Composite is down 0.11%. European markets are mostly up today, with a stronger UK housing sector leading the way. The FTSE is up 0.08%, and the CAC 40 up 0.03%.
Energy futures are mostly up this morning. West Texas Intermediate crude oil is up a penny, and Brent Crude up $0.19. In metals, gold is down $1.50, and platinum is up $7.60. The Dollar is down against both the Euro and the Yen.
Progress Software Corporation ( PRGS ), The Manitowoc Company, Inc. ( MTW ), and Finish Line Inc. ( FNL ) are up today. Time Inc. ( TIME ) JPMorgan Chase & Co. ( JPM ), and Logitech International SA ( LOGI ), are down. [InvestorsKeyhole, various news and data
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..
This article was originally published on MarketIntelligeneCenter.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.