U.S. markets are falling Tuesday morning after finishing down on Monday. The S&P 500 is down 0.35% and the Dow is down 0.29%.
Despite a Chinese manufacturing index rise, Asian markets were mixed on Tuesday. The Shang Hai Composite was up 0.87% while the Nikkei was down 0.71%.
European stocks are falling today after a Eurozone purchasing managers index fell to its lowest level of the year. The FTSE is down 1.46%, and the DAX is off 1.45%.
Energy futures are moving up today. West Texas Intermediate crude oil is $91.48 per barrel, up $0.61 and natural gas is up $0.04. Metals prices are also up. Gold is up $15.30 and platinum is up $16.00. The Dollar is down versus the Euro and the Yen.
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..