Stocks Slide Following Weak Data
February 3, 2014 4:55 pmVideo
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February 3, 2014 – Stock Market News
Today’s Hot Asset – General Motors
Stocks in the U.S. are currently trading lower. Investors within the region are showing there caution, as they await some key economic data due to be released later in the session. Once the data is released it should spark a reaction from investors causing some sharp movement within the stock markets. This will create some great trading opportunities for binary options traders.
Stocks in Europe have been trading down today. Investors were reacting to negative data released in China and also to the news regarding the disappointing emerging markets. This gave traders no reason for optimism and caused stocks to slide.
Stocks in Asia traded sharply lower during today’s early session. Investors are concerned that the Chinese economy might be slowing in growth. This naturally deters investors from riskier assets and causes the stock markets to slump.
Today’s hot asset is, General Motors. The auto making giant released negative sales figures today, as bad weather stops potential clients buying cars. Their share price has slipped by 1.88% so far today and this movement should continue, as investors react throughout the day.
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