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Markets falling on Tuesday

U.S. markets are moving down Tuesday morning. The S&P 500 is down 0.11% and the Dow is down 0.12%. Producer Prices were unmoved in August, after rising 0.1% in July.

Asian markets fell on Tuesday as Japanese markets broke a five session winning streak. The Hang Seng was down 0.91%  and the Nikkei was down 0.23%.

In Europe, stocks are moving down this morning as Germany’s ZEW indicator for economic expectations took a larger than expected drop. The FTSE is down  0.43%, and the DAX is off 0.33%. 

Energy futures are falling today. West Texas Intermediate crude oil is $92.51 per barrel, down $0.41 and natural gas is down $0.02. Metals prices are up. Gold is up $3.10 and platinum is up $4.30. The Dollar is down versus the Euro and the Yen.

Frontier Communications Corporation(FTR), Viper Energy Partners  (VNOM) and JDS Uniphase Corporation (JDSU), are up.  PG&E Corporation  (PCG), Och-Ziff Capital Management Group LLC (OZM) and Avanir Pharmaceuticals, Inc. (AVNR) 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..

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.