U.S Stocks on an Upward Trend

Stocks in U.S surged following positive earnings figures. Yahoo released positive quarterly earnings figures and this helped reduce concerns on investors allowing the stocks to be traded and eventually this gave an increase to the stocks. The tech stocks were also on a rise and the news ended a selloff by investors within the tech sector.

In Asia, the stocks were relatively traded mixed throughout the session and Japan stocks started to recover during the end of the session taking them out of the negative region. Hong Kong and China moved positively allowing traders to look more into riskier assets.

The European stocks continued to be traded higher during the week and its positive figures were supported by the signs of growth of China’s economy following its data release. However, there has been an uncertainty regarding the outcome of the situation in Ukraine and this continues to heavily weigh down on investors’ minds. It’s good for binary option traders since there is lots of volatility.

Google has been a hot asset during the weeks trading session following the release of its quarterly earnings figures. Although its profits have not met the expectations of the analysts, its share price has continued to drop by 3.15%.