Stocks Stumble Following Weak Data
April 3, 2014 5:50 pmVideo
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April 3, 2014 – Stock Market News
Today’s Hot Asset – Google
Stocks in Asia traded mainly higher during today’s early session. Investors were relieved, as they witnessed the Chinese government unveil plans for new stimulus measures. This news is starting to ease concerns regarding the economy within the region and therefore it is allowing investors to make a move for some riskier assets allowing stock values to rise.
Stocks in the U.S. are currently trading lower. Investors in the U.S. are showing caution today following the release of negative economic data. This data has been enough to discourage investors and is causing hare prices to fall from their previous all-time highs. This movement should continue throughout the session creating lots of price reversals, which is great for binary options traders.
Stocks in Europe traded mixed throughout a very interesting session today. The European Central Bank president Mario Draghi spoke about the interest rate creating lots of volatility. Stocks in Germany performed particularly well, whilst stocks in the U.K. suffered.
Today’s hot asset is, Google. The tech giant finally announced today that they have divided their share into two. They are doing this to try and gain a firmer grip on the market. This puts the tech company directly in the investor spotlight making it my hot asset of the day today.
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