August 20, 2014 – Stock Market News

Today’s Hot Asset – Apple

Stocks in Europe traded higher throughout the entire trading session yesterday. Investors within Europe were given a much needed boost of confidence, as the majority of signs are that the European Central Bank will implement additional easing measures. This news helped lift most of the sentiment remaining on the stock markets and as a result equity values started to rise.

Stocks in the U.S. traded sharply higher for the second consecutive session. Investors in the U.S. had more impressive housing data released during yesterday’s session and it was that fundamental event combined with numerous positive corporate earnings figures that sent stock values rising. The Nasdaq Composite Index extended yesterday’s gains and as a result reached a new 14 year high.

Stocks in Asia traded steady during the early trading session today. Investors in Asia seemed to be divided during the session today with half mainly focusing on the Forex markets whilst others tried to take advantage of equities. This split never really allowed any major movement to take place so as a result stock values remained pretty stable throughout.

Today’s hot asset is, Apple. The technology giant saw the share price reach $100.53 a share during yesterday’s session. That is the highest their share price has been since the seven-for-one split which took place in June this year. Movement like that will not have gone unnoticed by investors and as a result I expect more reaction today.

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