Stocks Drop As Tensions Rise In Ukraine
August 6, 2014 1:05 pmVideo
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August 6, 2014 – Stock Market News
Today’s Hot Asset – Fiat
Stocks in Europe are currently trading lower as investors head into the second half of today’s trading session. Investors in Europe are wary of trading in the equity market today as they continue to monitor the ongoing developments in Russia. This caution is holding a lot of investors back and as a result we are starting notice stock values dropping.
Stocks in Asia traded lower during this mornings trading session. Investors in Asia were deterred away from the stock market when they noticed that U.S. equities dropped to a two-month low overnight. All this negativity is as a result of the escalating tensions between Ukraine and Russia.
Stocks in the U.S. dropped during yesterday evenings trading session. Investors in the U.S. started the negative momentum we’ve seen pick up within other equity markets today, as they were the first to hear the news regarding the conflict in Ukraine. The situation has flared up again once a key merger and acquisition fell through. This created plenty of volatility throughout the session which was great for binary options investors.
Today’s hot asset is, Fiat. Traders are concerned that investors within Fiat who voted against the recent merger proposal with Chrysler could exercise their rights to sell the stock. This has lead to their share price plummeting by as much as 8.5% during today’s session so far. I expect the movement to continue which is why this is my hot asset of the day.
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