Stocks Steady As Investors Take A Breather
August 28, 2014 7:05 amVideo
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August 28, 2014 – Stock Market News
Today’s Hot Asset – McDonald’s
Stocks in Asia traded lower during the early trading session this morning. Investors noticed many equities became overbought over the last couple of sessions and so showed caution whilst looking for opportunities. The majority of investors were locking in their profits created over the last two days of trading and this lead to stock values sliding downwards.
Stocks in the U.S. traded slightly higher during yesterday evenings trading session. Trading volume during the session yesterday was relatively low, as many investors took a step back from the markets to try and get an idea of the bigger picture. The volume created yesterday was still enough to still lift prices and the S&P 500 did manage to extend its record high slightly.
Stocks in Europe traded steady to slightly higher during the trading session yesterday. Investors in Europe paved the way for the U.S. as they took the session to stand back and survey the current situation. This lead to thin trading, however, there were still many attractive positions for binary options investors.
Today’s hot asset is, McDonald’s. A Russian court has agreed to the temporary closure of three McDonald’s franchises in Moscow for breaches of sanitary rules. Most investors will see this as another sanction imposed on a U.S. company, so expect to see a reaction today when the U.S. session opens.
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