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Slow start for World markets

U.S. markets are mixed today. The S&P 500 is up 0.01% at last check, and the Dow is down 0.02%. At 10:00 a.m the report on sales of existing U.S. homes in May will be released.

In Asia markets were mostly down this morning despite a strong showing of Chinese manufacturing activity. The Shanghai Composite was down 0.11%, while the Hang Seng dropped 1.68%.

In Europe markets are down today. The FTSE is down 0.18%, and the CAC 40 is down 0.24%.

Energy futures are down this morning. West Texas Intermediate crude oil is down $0.09, and natural gas is down $0.03. In metals, gold is down $2.00, and platinum is off $7.80. The Dollar is down versus both the Euro and the Yen.

Lululemon Athletica Inc. ( LULU ), Integrys Energy GroupInc. ( TEG ), Burlington Stores, Inc. ( BURL ), are up today. Meritor, Inc. ( MTOR ), Rockwood Holdings, Inc. ( ROC ), National Bank of Greece SA ( NBG ), are down. [InvestorsKeyhole, various news and data sources]

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.

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