Stocks Edge Higher As Volumes Remain Lower
February 24, 2014 4:25 pmVideo
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February 24, 2014 – Stock Market News
Today’s Hot Asset – HSBC Holdings
Stocks in the U.S. have opened the day trading higher in the first session of the week. Investors are being able to trade on equities today with a free mind, as there is no important regional economic data due to be released today. This should keep trading volumes reasonably low.
Stocks in Europe are currently trading mixed to higher, as we near the end of today’s session. Investors gained confidence today as the session progressed following positive German business climate data. However, news that Chinese home process fell continued to weigh on sentiment. This caused quite a bit of volatility which is great for binary options investors.
Stocks in Asia traded lower throughout today’s early session. Negative regional economic data was the main reason behind this movement. However, reports in the media claim that some banks could be tightening their financing and this also aided the movement downwards.
Today’s hot asset is, HSBC Holdings. Share for the financial giant have slumped quite drastically today. Investors started to sell off their shares following the release of worse than expected pre-tax profits. Their share value has declined by 3.41%, as we head towards the end of today’s trading session in London.
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