Major Market ETFs Take It On The Chin

Ulli Market Commentary 2 Comments

While most individual economic reports have only a limited effect on market direction, today’s triple combination of nothing but disappointing data knocked the major indexes to the mat. And, unlike many instances in the past, there was no afternoon rebound, as the chart (courtesy of MarketWatch.com) shows. First, ADP’s national employment report came in weaker than worst expectations, which now …