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Monday off to a slow start

U.S. markets are down slightly as the week begins. The S&P 500 is down 0.09% and the Dow is down 0.05%.

Asian markets were mixed on Monday as Chinese industrial growth numbers indicated a weak economic recovery. The Hang Seng was down 0.97%  and the Nikkei was up 0.25%.

Following the bad news from China, European stocks are mixed to start the morning. The FTSE is down  0.04%, and the DAX is up 0.20%. 

Energy futures are mixed today. West Texas Intermediate crude oil is $91.65 per barrel, down $0.62 and natural gas is up $0.02. Metals prices are rising. Gold is up $5.80 and platinum is up $4.60. The Dollar is up versus the Euro and down against the Yen.

Molson Coors Brewing Company(TAP), Teradyne Inc.(TER) and GOL Linhas A (GOL), are up.  Cree, Inc.  (CREE), Tesla Motors, Inc. (TSLA) and Harmony Gold Mining Company Limited (HMY) are moving 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..

Michael Haden

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.