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Investor confidence continues to grow

U.S. markets are moving up Friday morning after a Thursday that saw the Dow rise more than 400 points. The S&P 500 is up .24% and the Dow is up 0.29%.

Asian markets were up Friday as investors continued to ride the wave of confidence from the U.S.Federal Reserve decision to delay an interest rate hike. The Shanghai Composite was up  1.67% while the Nikkei rose 2.39%.

In Europe, markets are mixed today after German stocks began to feel the effects of economic unrest in Russia. The FTSE is up 0.44%, and the DAX is down 0.32%.

Energy futures are mixed this morning. The price for West Texas Intermediate crude oil is $55.16 per barrel, up $0,80 and natural gas is down $0.04. Metals prices are mixed. Gold is up $1.40 and platinum is down $0.20. The Dollar is up versus the Euro and the Yen.

Red Hat, Inc. (RHT), Pier 1 Imports, Inc. (PIR) and Xerox Corporation (XRX), are moving up, while SeaDrill Limited  (SDRL),  BlackBerry Limited   (BBRY) and Nike, Inc. (NKE) are declining. 

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.