U.S. markets are up slightly this morning following a sharp drop on Tuesday. The S&P 500 is up 0.26% while the Dow is up 0.17%. The minutes from the September Federal Reserve meeting will be released at 2:00 p.m.
Asian markets were mixed Wednesday as Hong Kong stocks broke a three day positive run. The Nikkei was down 1.19% and the Shanghai Composite rose 0.80%.
In Europe, markets are down, with the DAX dropping below 9,000 on Tuesday. The FTSE is down 0.12%, and the DAX is down 0.44%.
Energy futures are falling today. West Texas Intermediate crude oil is $88.32 per barrel, down $0.53 and natural gas is down $0.06. Metals prices are up. Gold is up $4.50 and platinum is up $13.40. The Dollar is up against 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..