U.S. stocks are up slightly Thursday. The S&P 500 is up 0.20% and the Dow is up 0.22%. There were 298,000 initial unemployment claims for the week of August 16, fewer than the 308,000 analysts had forecast.
In Asia , stocks were mixed Thursday as a private survey showed Chinese manufacturing growth easing in August. The Shanghai Composite was down 0.44% and the Nikkei rose 0.85%.
European stocks are up today despite Purchasing Manager Indices that yielded mixed results. The FTSE is up 0.26%, and the DAX is up 0.57%.
Energy futures are mixed this morning. The West Texas Intermediate crude oil price per barrel is $92.72, down $0.73 and natural gas is down $0.04. Metals prices are down. Gold is down $15.20 and platinum is down $9.10. The Dollar is down versus the Euro and up against the Yen.
Dollar Tree, Inc. Inc. ( DLTR ), Bemis Company, Inc.( BMS ), and Hormel Foods Corporation ( HRL ), are up today. Sears Holdings Corporation ( SHLD ), Dollar General Corporation ( DG ) and Hecla Mining Co ( HL ) are down.
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