U.S. Stocks Surge Following Positive Earnings Figures
April 17, 2014 7:05 amVideo
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April 17, 2014 – Stock Market News
Today’s Hot Asset – Google
Stocks in Asia traded mixed throughout the early trading session today. Stocks in Japan did start to recover towards the end of the session for the day but it wasn’t enough to take them out of negative figures. However, stocks in China and Hong Kong managed to move into positive figures.
Stocks in the U.S. traded sharply higher during yesterday’s session. Yesterday Yahoo released positive quarterly earnings figures and this helped to ease any investor concerns allowing stocks prices to rise. This news ended a selloff by investors within the tech sector and so we should now see tech stocks on the rise again.
Stocks in Europe continued to trade higher yesterday. Stocks were supported yesterday following the news that China’s economy is still showing promising signs of growth. The uncertainty regarding the ongoing situation in the Ukraine is still weighing heavily on investors’ minds. This is great for traders, as it creates lots of volatility.
Today’s hot asset is, Google. The tech giant released their quarterly earnings figures just after the closing bell yesterday. Even though they are showing slight profits they were not enough to meet analyst’s expectations. So far in the afterhours market the share price has dropped by 3.15%.
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