[Chart courtesy of MarketWatch.com] US stocks jumped Thursday with the Dow registering its third gain session in four after the latest jobless report beat estimates, and the US Fed said it allegedly can manage risks arising out of the latest round of balance sheet expansion. Sentiment got a boost after a Labor Department report revealed initial unemployment benefits claims rose …
US Indexes Edge Higher On Data; Europe Ends Lower On Spain Jitters
US indexes finished marginally higher Wednesday as improved services sector and payroll data lifted investor sentiments but the gains were pared after China’s official non-manufacturing PMI reading for August dropped to the lowest level since March 2011. The Institute for Supply Management’s non-manufacturing index that covers nearly 90 percent of the economy rose to 55.1 in September from 53.7 in …
Equities Fizzle After Bernanke Speech Disappoints; Europe Ends Higher On ISM Data
[Chart courtesy of MarketWatch.com] US equity ETFs ended the first day of the quarter mostly higher after data released by the Institute for Supply Management showed US manufacturing activity rose to 51.5 in September, marking its first expansion in four months. However, risk appetite diminished after Fed Chairman Ben Bernanke said headwinds to the economy due problems in Europe and …
ETF/No Load Fund Tracker Newsletter For Friday, September 28, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09272012/ ———————————————————— Market Commentary Friday, September 28, 2012 EQUITIES END QUARTER ON A HIGH; EUROPE POSTS BIGGEST WEEKLY DECLINE SINCE JUNE; DAVID STOCKMAN BASHES FED’S QE PROGRAMS Despite a blockbuster quarter, US equities ended the last trading day with a whimper as a gauge of …
Stocks Snap Losing Streak After Spain Budget; Europe Rises After Choppy Day
[Chart courtesy of MarketWatch.com] US stocks bounced back Thursday with the S&P 500 snapping its five-day losing streak after Spain officially released its 2013 budget outlining more spending cuts than tax hikes, a move seen by markets as a key development before the debt stricken country formally seeks ECB intervention. Risk sentiment was boosted further after last week’s initial jobless …
Domestic Equities Continue Their Slide Despite Dead Cat Bounce; Spain Weighs On Europe
[Chart courtesy of MarketWatch.com] As violent protests march through Europe, major US ETF stock indexes retreated Wednesday with the S&P 500 tumbling for the fifth day in a row as investors moved to the sidelines and cut exposure in equities. Markets were spooked following media reports that Catalonian President Artur Mas called for early elections yesterday during with an eye …