JPMorgan Jumps Following Commodities Sale
March 21, 2014 8:05 amVideo
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March 21, 2014 – Stock Market News
Today’s Hot Asset – JPMorgan Chase & Co
Stocks in Asia traded sharply higher during the early session today. The markets in Japan were closed today due to a national holiday. Investors in other regions of Asia were given the confidence they need in private equities after seeing significant gains in U.S. stocks towards the end of yesterdays U.S. session.
Stocks in the U.S. shrugged off early losses to finish the day yesterday trading higher. Investors were slightly pessimistic as the session began following Janet Yellen’s comments on Wednesday. However, a string of positive regional economic data started to change investors mindset and this helped push stock value higher. This contrasting movement created lots of price reversals which is great for binary options traders.
Stocks in Europe traded sharply lower during yesterday’s session. Investors were reacting to Janet Yellens speech and waiting in anticipation to see the outcome of a meeting between European Union leaders. This should make today’s final session of the week very interesting, as investors react both to the European and U.S. data.
Today’s hot asset is, JPMorgan Chase & Co. The financial giant lead the gains in the Dow Jones yesterday climbing by 3.10%. JPMorgan announced the sale of $3.5 billion worth of physical commodities and this prompted the sudden surge upwards. Keep an eye on this asset for further reaction throughout today’s U.S. trading session.
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