[Chart courtesy of MarketWatch.com] Equity ETFs closed mixed Thursday, with the broad market recouping losses in late trading as investors remained uncertain amid today’s lackluster economic report and the ongoing negotiations in Europe that may ultimately push Greece out of the single-currency union. It was almost a repeat of yesterday’s afternoon rebound but less dramatic. Domestic economic numbers failed to …
Major Market ETFs In Stall Speed As Concern Over Europe Lingers; VXX Soars, GDXJ Tanks
[Chart courtesy of MarketWatch.com] Wall Street closed flat Tuesday despite surging in early trade as worries over Europe overshadowed upbeat US economic reports. The above chart says it all. The markets turned choppy in the last hour of trading as Dow Jones Newswire reported that former Greek Prime Minister Lucas Papademos has said Greece is preparing to leave the 17-member …
US Equities Bounce Back From Worst Week Of The Year
[Chart courtesy of MarketWatch.com] US stocks bounced back Monday to break the weeklong losing streak as broader markets rallied, despite social-networking site Facebook plummeting more than 10 percent following its Friday debut. The S&P 500 snapped its six straight day of losses to post its best session in two months while the Dow made the biggest single-day gain in over …
Last Week In Review: ETF News And Blog Posts To 5/21/2012
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 5/21/2012. Seems like market behavior has been in repeat mode all month, as the benchmark S&P 500 index got spanked at the tune of -4.3% for the past week. It now has only about 1.49% …
Major Market ETFs Extend Losses On Weak Economic Data; GDX Soars, IWM Slips
[Chart courtesy of MarketWatch.com] Major market ETFs got spanked on Thursday closing lower for the fifth straight day with the Dow industrials retreating for the 11th out of 12 sessions when the Philly Fed manufacturing index contracted unexpectedly to -5.8 in May from 8.5 in April as export growth slowed. Treasury 10-year yields headed towards record lows as Greece’s future …
US Stocks End Lower Despite Decent Economic Data; UNG Jumps, PSTL Slides
[Chart courtesy of MarketWatch.com] Robust US economic data on factory output and housing failed to halt the broad slide as US stocks closed lower Wednesday for the fourth straight trading session. Though the day had started off strongly, but concerns over Greece weighed on investor sentiments and down we went. Yield on the benchmark 10-year Treasuries sank to a seven-month …