U.S. stocks are moving down Friday morning after sharp drop on Thursday. The S&P 500 is down 0.32% while the Dow is down 0.37%.
In Asia, markets followed Wall Street down as concerns about the pace of world growth mounted. The Nikkei was down 1.15% and the Shanghai Composite fell 0.62%.
Stocks in Europe are dropping Friday, as markets there continue a week long slide. The FTSE is down 1.11%, and the DAX is down 1.95%.
Energy futures are falling this morning. West Texas Intermediate crude oil is down to $84.92 per barrel, down $0.85 and natural gas is down less than a cent. Metals prices are falling today . Gold is down $0.70 and platinum is off $14.90. The Dollar is up against both the Euro and down versus 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..