US Open. Market Overview for 03.11.2016

03.11.2016

Pre-Market

The S&P 500 rises 0.17% in premarket trading. The Dax is unchanged after initial weakness. Development in the DAX was influenced by company results. Lufthansa gains 4.38% after reporting numbers yesterday. Second best perfumer today is Beiersdorf, gaining 4.16%. The Nivea producing company raises their yearly outlook. Weakest stock in the DAX is Adidas, losing 7%. Adidas earned very well from the Olympics, yet could not beat expectations as in the past. This disappointed investors and led to a selloff. US Futures were able to rise off of their lows. Whilst WTI Oil gains, Gold weakens.

S&P 500

The S&P 500 is in a downward trend




Nasdaq 100

The Nasdaq 100 is in a downward trend




RoboForex Analytical Department
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.