Asian stocks dropped as negative sentiment regarding fears over global growth continued to hit equities. This year, Chinese equities have lost 10%. Japanese stocks joined the bearish wave as well as they reopened from a holiday to a stronger Yen. Toyota Motors Corp. lost 3.9% and SoftBank Corp, declined 3.1%. In India, Axis bank was 2.76% up and TATA Motors Ltd. lost 1.64% today despite announcing a deal to deliver 928 buses. Today, European stocks traded choppy. The fluctuations were generated by the negative sentiment and also negative data from Germany. Rio Tinto Plc added 2.10% and is currently trading almost 6% above a 52 week low and 16.51% below a 52 week high. Tesco Plc continued declining additional 0.89%. In Germany, Daimler AG led with bullish movement with a 5.01% increase. Deutsche Telekom AG added 0.38% U.S. stocks closed lower yesterday following a large sell-off in equities markets. However, today in pre-market trading investors can expect a higher opening triggered by a positive earnings release from Citigroup. Walt Disney Co. lost 2.74% yesterday and is currently showing an upwards correction is 0.13%. American Express Co. dropped 2.60% yesterday and in pre-market the stock is showing that the bearish direction will continue.
October 14, 2014 – Stock Market News
Asian stocks dropped as negative sentiment regarding fears over global growth continued to hit equities. This year, Chinese equities have lost 10%. Japanese stocks joined the bearish wave as well as they reopened from a holiday to a stronger Yen. Toyota Motors Corp. lost 3.9% and SoftBank Corp, declined 3.1%. In India, Axis bank was 2.76% up and TATA Motors Ltd. lost 1.64% today despite announcing a deal to deliver 928 buses.
Today, European stocks traded choppy. The fluctuations were generated by the negative sentiment and also negative data from Germany. Rio Tinto Plc added 2.10% and is currently trading almost 6% above a 52 week low and 16.51% below a 52 week high. Tesco Plc continued declining additional 0.89%. In Germany, Daimler AG led with bullish movement with a 5.01% increase. Deutsche Telekom AG added 0.38%
U.S. stocks closed lower yesterday following a large sell-off in equities markets. However, today in pre-market trading investors can expect a higher opening triggered by a positive earnings release from Citigroup. Walt Disney Co. lost 2.74% yesterday and is currently showing an upwards correction is 0.13%. American Express Co. dropped 2.60% yesterday and in pre-market the stock is showing that the bearish direction will continue.
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