U.S. stocks are rising this morning as markets look to continue yesterday’s rally. The S&P 500 is up 1.07%, and the Dow is up 1.19%. Asian markets finished higher Tuesday after the Japanese prime minister announced plans to cut the corporate tax rate. The Shanghai Composite was up 2.29%, while the Nikkei jumped 7.71%.
Asian markets finished higher Tuesday after the Japanese prime minister announced plans to cut the corporate tax rate. The Shanghai Composite was up 2.29%, while the Nikkei jumped 7.71%. European shares are moving up today, heading toward a third straight session of gains. The FTSE is up 1.49% and the French CAC is up 1.95%.
Energy futures are down this morning. The price for West Texas Intermediate crude oil is down $0.67 to $45.27 per barrel, while natural gas is down $0.02 to $2.68. Metals prices are lower today. Gold is down $2.00 to $1,119.00 per ounce and platinum is down $4.3 at $998.60 an ounce. The Dollar is up versus the Euro and the Yen.
Dave & Buster's Entertainment, Inc. (PLAY), Peabody Energy Corporation(BTU) and Mitsubishi UFJ Financial Group, Inc. (MTU) are early risers, while MannKind Corp. (MNKD), Yahoo! Inc. (YHOO) and Mobileye N.V. (MBLY) are down.
