Stocks in Europe traded mixed to lower during an interesting session yesterday. Investors in Europe started the session in a positive mood following the release of positive German and French data. However, the mood changed as the session progressed as investors started to look towards the upcoming regional inflation and unemployment reports. This caution added a lot of sentiment to the market and as a result stock values started to slide.
Stocks in the U.S. trader sharply lower during yesterday evenings trading session. Investors in the U.S. went into a frenzy during the session following the news regarding Argentina’s default. Investor’s wanted to lock in any profits and as a result a massive sell off ensued and this in turn dragged equity values lower.
Stocks in Asia traded lower during their final session of the week. Sony Corp had a good day seeing their share price rise by 5.5% as a result of a positive earnings figure. However, the same can not be said for the majority of other equities and this lead to downwards movement across the region.
Today’s hot asset is, Mastercard. The credit card provider announced the Q2 earnings figures yesterday before the session began. The news was positive but due to yesterday’s pessimism within the stock market the values still slipped. I expect more reaction during today’s session which is why this my hot asset of the day.
August 1, 2014 – Stock Market News
Today’s Hot Asset – Mastercard
Stocks in Europe traded mixed to lower during an interesting session yesterday. Investors in Europe started the session in a positive mood following the release of positive German and French data. However, the mood changed as the session progressed as investors started to look towards the upcoming regional inflation and unemployment reports. This caution added a lot of sentiment to the market and as a result stock values started to slide.
Stocks in the U.S. trader sharply lower during yesterday evenings trading session. Investors in the U.S. went into a frenzy during the session following the news regarding Argentina’s default. Investor’s wanted to lock in any profits and as a result a massive sell off ensued and this in turn dragged equity values lower.
Stocks in Asia traded lower during their final session of the week. Sony Corp had a good day seeing their share price rise by 5.5% as a result of a positive earnings figure. However, the same can not be said for the majority of other equities and this lead to downwards movement across the region.
Today’s hot asset is, Mastercard. The credit card provider announced the Q2 earnings figures yesterday before the session began. The news was positive but due to yesterday’s pessimism within the stock market the values still slipped. I expect more reaction during today’s session which is why this my hot asset of the day.
Related Posts: