Stocks Reserved As Investors Await Today’s NFP
May 2, 2014 6:35 amVideo
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May 2, 2014 – Stock Market News
Today’s Hot Asset – MasterCard
Stocks in Asia traded slightly lower during the early trading session today. Investors were concerned by Sony’s comments that their profit might not exceed estimates. These comments immediately swept the market with a sense of pessimism and caused the slide downwards. Trading was naturally thin today due to the national holiday in China.
Stocks in the U.S. ended yesterday evenings session trading slightly lower. Even a host of positive regional earnings figures that were released as the session progressed was not enough to send stock values back on the up. The main reason behind the movement yesterday was simply that most investors were looking ahead to the NFP report that will be released today and are waiting until then to make their trading decisions.
Stocks in Europe traded slightly higher yesterday. Stocks in the UK fared well yesterday, as the majority of other markets in the EU were closed for the May Day holidays. Yet again, investors in Europe will all be awaiting the release of the U.S. NFP report later in the day, as this is sure to create plenty of volatility within the markets, which is great for binary options traders.
Today’s hot asset is, MasterCard. The company released their quarterly earnings figures yesterday and even though they beat estimates their share price initially slipped by 1.1%, however, it went on to recover and ended the day 0.91% up. This volatility should continue throughout today’s session, so keep an eye out for all the great trading opportunities created.
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