Apple Slumps As Record Sales Don’t Hit Projections
January 28, 2014 3:45 pmVideo
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January 28, 2014 – Stock Market News
Today’s Hot Asset – Pfizer & Apple
Stocks in the U.S. have opened mixed today. The Nasdaq is down due to the disappointing reaction to Apples earnings figures. However, the Dow and the S&P are both up. The Dow has been helped by the great performance of one of its biggest members, Caterpillar. As the day continues there should be some great trading opportunities for binary options investors.
Stocks in Europe are currently trading higher in contrast to the last two days of trading. Investors are waiting in anticipation for the outcome of the latest FOMC two-day policy meeting due to conclude tomorrow. This is allowing investors within the region to look towards stocks rather than currencies whilst they await the result and this is pushing values higher.
Investors in Asia were very cautious in the early trading session today. As a result the stock markets were mixed. The caution is due to continue throughout tomorrow’s session, as investors await the outcome of the Federal Reserve’s meeting.
Today’s hot assets are, Pfizer and Apple. Unsurprisingly Apple is one of my hot assets today, as the tech giant recorded record sales of its latest iPhone devices. However, the sales figures were not enough to match projections and this saw their share price plummet by as much as 7%.
Pfizer the world’s largest research-based pharmaceutical company released better than expected quarterly earnings figures ahead of the opening bell today. This has seen their share price rise and it is currently 2.70% higher. Keep an eye on both these assets today, as investors continue to react to this fundamental data.
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