Stocks Slide At The Start Of The Week
May 19, 2014 10:20 amVideo
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May 19, 2014 – Stock Market News
Today’s Hot Asset – Pfizer
Stocks in Asia traded slightly lower during the morning session today. Investors were very cautious during today’s session following weak housing data. This fundamental news weighed heavily on equities and caused the slide downwards. Due to this movement binary options traders were able to take advantage of many put options as the session progressed.
Stocks in Europe have opened the week trading slightly lower. Investors have started the week in a pessimistic news, as they fear the European Central Bank could start to ease measures further. Investors within Europe are also trying to lock in any remaining profits from last weeks gains which is also aiding the decline in values.
Stocks in the U.S. traded higher during the final trading session of last week. Investors were given the impetus they needed following upbeat regional housing data. There was also a surge in the values of stocks within the technology sector, as investors looked for oversold assets.
Today’s hot asset is, Pfizer. The pharmaceutical giant has had a third bid rejected as they attempt to purchase Astrazeneca. Investors will be wondering if they will mount another bid or whether this will end their interest all together. This should create volatility as the session progresses today.
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