Stocks Rise Following Positive Data
July 1, 2014 11:40 amVideo
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July 1, 2014 – Stock Market News
Today’s Hot Asset – Fiat
Stocks in the U.S. look set to open the day trading slightly higher. Investors within the U.S. will be eyeing their regional manufacturing data due to be released later in the session today. This should create plenty of volatility as the session progresses which is great news for binary options traders.
Stocks in Europe are currently trading higher as the session progresses. Investors were given a much needed boost of confidence following the release of positive Spanish and Chinese manufacturing data. Data released yesterday is slightly hampering the chances of major increases but it has not been enough to stop equity values moving into the green.
Stocks in Asia traded mixed throughout the early trading session today. Investors had plenty of data to digest as the session progressed today with major events occurring in both China and Australia. This created lots of indecision as the session progressed causing the mixed momentum.
Today’s hot asset is, Fiat. The Italian automaker has seen their share price fluctuate drastically today following the news that their Chrysler brand will have to recall a further 695,957 vehicles due to a ignition switch defect. This movement should continue as the session progresses which is why the is my hot asset of the day.
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