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Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 17.11.2016
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US Open. Market Overview for 17.11.2016

17.11.2016

Pre-Market:

The Standard & Poor's 500 Future tends to be 0.06% higher. German stocks are weaker the day before the option date. The Dax Index loses 0.31%. Analogous to the development on Wall Street, the German stock market is also taking profits in the financial sector. Commerzbank and Deutsche Bank are losing just around 2%. The winner in the Dax index is Linde, which is gaining 1.03%. In the US, Best Buy presented its quarterly results. The company was able to sell more mobile phones. The company appears to have succeeded in the turnaround in profit development. The profit is above the analysts' forecasts. Best Buy is gaining in the pre-market over 4%. Wal - Mart also presented his results. The development of sales disappointed the investors. The share falls by approx. 3%. The USD continues its upward trend. Gold tends to weaker, while WTI Oil notes firmly.

S & P 500

The S & P 500 Index is in a sideways trend.




Nasdaq 100

The Nasdaq 100 Index is in a sideways trend.




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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.