U.S. markets are up slightly Friday morning. The S&P 500 is up 0.05% and the Dow is rising 0.06%. Retail sales rose 0.3% in October after falling 0.3% in September.
Asian markets finished mixed on Friday as investors looked forward to Monday’s launch of the Hong Kong-Shanghai stock connect program. The Shanghai Composite fell 0.27% while the Nikkei was up 0.56%.
European stocks are lower this morning with oil and mining stocks leading the way down. The FTSE is down 0.23%, and the DAX is off 0.41%.
Energy futures are edging up today. The price for West Texas Intermediate crude oil is $74.48 per barrel, up $0.27 and natural gas is up $0.02. Metals prices are falling. Gold is down $10.20 and platinum is down $11.80. 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..