Stocks Higher After Impressive Earnings Figures
February 21, 2014 7:20 amVideo
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February 21, 2014 – Stock Market News
Today’s Hot Assets – Facebook & Caterpillar
Stocks in Asia traded sharply higher during their final session of the week. Investors in the region were given a much needed confidence boost after seeing stocks in the U.S. rise the night before. Stocks in Japan lead the region as the Yen weakened against the U.S. dollar making stocks a much more attractive proposition.
Stocks in the U.S. traded surprisingly higher yesterday during a very turbulent session. Investors in the U.S. went against the grain yesterday by not allowing economic data to sway their opinion on investments. Instead investors were much more interested in the positive company earnings figures released and the news regarding Facebook’s acquiring of WhatsApp messenger service. This helped give stocks the push they needed to finish the day higher and gave binary options investors plenty of opportunities.
Stocks in Europe continued to trade lower yesterday. Investors in Europe were swayed by the negative economic data released both in Asia and Europe as the session progressed and this aided the decrease in stock values.
Today’s hot assets are Caterpillar and Facebook. Face are one of my hot assets for obvious reasons, as they have recently purchased WhatsApp messenger service for $19 billion net and this has immediately put them back in the investor spotlight. Caterpillar is another interesting asset, as they have just announced a decline in sales in Asia of 17%. This will make it interesting to see how investors react to this news when the New York Stock Exchange opens later today.
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