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Economic News

Wall Street follows European markets lower

10 November 2017 15:01

US markets drifted lower in early deals as trade talks in Asia continue and plans to overhaul the tax system remain at the forefront investors' minds.

Shortly after the open, the Dow was down 0.19% at 23,417.4, the S&P 500 by 0.17% at 2,580.19 and the Nasdaq by 0.09% at 6,743.92.

European markets were lower, with the FTSE 0.54% weaker, the DAX off by 0.11% and the CAC 40 by 0.21%.

COMMODITIES

Oil prices were little changed. WTI was 0.09% lower at $57.12 a barrel, while Brent crude was up 0.02% at $63.94.

Gold was 0.19% softer at $1,285.1 an ounce but silver was up 0.56%.

Copper remained flat.

ECONOMIC NEWS

Preliminary figures from the University of Michigan regarding inflation expectations and consumer sentiment are due later today.

Story provided by StockMarketWire.com

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