Markets

World markets continue to creep up

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

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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