US Open. Market Overview for 25.11.2016



The S&P 500 trades up 0.24% pre-market. The Dax remains lethargic at -0.06%, missing impulses on this „Black Friday“. The DAX has now been in a sideways trend since August. Largest losing stock is Thyssen Krupp, which trades down 2.53%- Fresenius Medical Care, on the other hand, gains 1.08%. Lufthansa trades stable at -0.33%, despite anew strikes. According to Lufthansa, the costs of the strike has reached 20 million Euro in two days and has additionally tarnished its image. The US´s  “Black Friday“ today proves a good indicator for the important upcoming Christmas business. We expect Wall Street to open positively. Gold rebounds and WTI Oil trades down.

S&P 500

The S&P 500 has broken out to the upside and is in an upward trend

Nasdaq 100

The Nasdaq 100 is in a sideward trend

RoboForex Analytical Department

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.