Stocks Drop As The Situation In Iraq Worsens
June 13, 2014 6:55 amVideo
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June 13, 2014 – Stock Market News
Today’s Hot Asset’s – Coca-Cola & McDonald’s
Stocks in Asia traded slightly lower during the final trading session of the week. Investors within the region were very cautious throughout today’s session as they wait for any updates of the current situation in Iraq. This caution weighed heavily on equities forcing prices to retreat.
Stocks in the U.S. traded sharply lower during yesterday’s evening session. The situation in Iraq did not help investor mindset and neither did a string of regional negative data that was released as the session progressed. The data caused confusion which restrained equities and turned prices lower.
Stocks in Europe traded sharply higher during yesterday’s trading session. Even with the current on-goings in Iraq, stocks managed to rise. This was as a result of a wave of positive regional data that was released as the session progressed. This allowed investors to see many attractive investment opportunities within the equities asset class and this then helped to drive prices sharply higher.
Today’s hot assets are, McDonald’s & Coca-Cola. Both companies are major sponsors of this years FIFA World Cup which kicked off yesterday in Brazil. Usually companies who sponsor the World Cup see their share prices rise and the tournament progresses. This should create plenty of attractive trading opportunities for binary options investors as the events unfold.
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