[Chart courtesy of MarketWatch.com] US markets extended gains for the second straight day Wednesday, ending marginally higher after the German Constitutional Court ruling on the euro-area bailout fund, while investors remained cautiously optimistic on further monetary stimulus, as the Federal Reserve two-day policy meeting got underway in Washington. Risk appetite improved after a German Constitutional Court ratified Europe’s Permanent bailout …
US Stocks Rebound Ahead Of FOMC Meet, German Court Decision; Europe Stocks Push Higher
[Chart courtesy of MarketWatch.com] US stocks fought back Tuesday, rebounding from yesterday’s pullback as investors grew positive ahead of a German constitutional court ruling on the EU-wide bailout fund while speculations grew the US Fed will announce further stimulus after its two-day FOMC meeting starting tomorrow. Treasuries retreated, pushing yields higher even though US auction for $32 billion of three-year …
Equity Indexes Fall As Concern Over Europe Overshadows Stimulus Bets; European Stocks Decline; German Court Ruling On Deck
[Chart courtesy of MarketWatch.com] Equity Indexes pulled back today after surging to multi-year highs Friday as risk sentiment weakened amid news reports that Greece has initiated talks with creditors after its ruling-coalition failed to reach an agreement over spending cuts. Markets are jittery ahead of Wednesday’s German high court’s decision on the validity of the EUR 500 billion European Stability …
ETF/No Load Fund Tracker Newsletter For Friday, September 7, 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-09062012/ ———————————————————— Market Commentary Friday, September 7, 2012 US EQUITIES EDGE UP ON FED STIMULUS HOPES; EUROPE RALLIES ON CHINA STIMULUS US stocks continued their upward journey Friday with the major indexes settling higher for the first time in three weeks and extending multi-year highs …
US Indexes Trim Losses While Europe Tumbles Ahead Of ECB Meeting
[Chart courtesy of MarketWatch.com] US equity indexes started September on a weak note as investors’ concern that the economy was slowing over weak manufacturing data was somewhat tempered by hopes the European Central Bank will intervene to tame the continent’s debt crisis. Here we go again. We will find out soon if Mario Draghi’s promise to deliver a European solution …
Treasuries Snap Three-Day Gains As Fed Sees Gradual Expansion; Indexes Limp Higher
[Chart courtesy of MarketWatch.com] The major indexes finished Wednesday with slim gains after the Federal Reserve’s Beige Book showed the US economy grew gradually across 12 districts with improving service-sector and retail activity offset by weak manufacturing. On another dull August trading day, stocks remained largely range-bound after the release of mixed economic reports on the day. A Commerce Department …