[Chart courtesy of MarketWatch.com] The S&P 500 and NASDAQ ended shrugged off early weakness to close modestly higher, while the Dow Industrials closed slightly lower Monday after ISM data showed US manufacturing shrank unexpectedly in June for the first time since July 2009. Volume was the worst on the NYSE in a decade and, even when compared to other July …
Equity ETFs Trim Gains As Bernanke Avoids QE Reference; BAL Rocks, UNG Slips
[Chart courtesy of MarketWatch.com] Equity ETFs pared early gains to end mixed Thursday after Fed Chairman Ben Bernanke chose to remain silent, despite market expectations of quantitative easing measures and the Chinese central bank cutting interest rates by a quarter percent to ward off a deepening slowdown. Treasuries remained choppy with the 10-year closing at the highest level in a …