[Chart courtesy of MarketWatch.com] US stock ETFs started November on a strong note with the major benchmark indexes rallying more than one percent, the most in seven weeks, after employment and manufacturing topped estimates and consumer confidence surged to more than four-year high in October. Economic data were mostly positive on Thursday. Payroll processing firm ADP said 158,000 private-sector jobs …
Major Market Indexes Log First Monthly Drop Since May; Europe Meanders Amid Choppy Trade
[Chart courtesy of MarketWatch.com] US stock indexes logged their first monthly loss since May with the S&P 500 retreating 2.01%, capping a weak month on a mixed note Wednesday after markets reopened following a two-day closure due to super-storm Sandy. Economic data was relatively light with the Chicago Purchasing Manager’s Index data for October printing at 49.9 from 49.7 in …
US Markets To Reopen Wednesday; BP, Deutsche Bank Lift Europe
[Chart courtesy of MarketWatch.com] Traders are bracing for a volume surge Wednesday when US stock markets reopen after being shuttered for two days to deal with the devastating effects of Hurricane Sandy that triggered an unexpected shutdown on Wall Street. An average of 3.5 billion shares have been changing hands everyday throughout much of the month, but traders say that …
Sandy Shuts Down Markets For Two Days; Europe Drifts Lower On Earnings, Hurricane Fear
[Chart courtesy of MarketWatch.com] US stock markets will be closed for the second straight trading day on Tuesday as Wall Street assesses the impact of Hurricane Sandy. Exchange officials chose to suspend operations for the first time in 27 years Monday on safety concerns as Sandy lumbered towards the East Coast, bringing potentially devastating winds and surging waters. The major …
ETF/No Load Fund Tracker Newsletter For Friday, October 26, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10252012/ ———————————————————— Market Commentary Friday, October 26, 2012 US EQUITIES FINISH SESSION UNCHANGED BUT RETREAT FOR THE WEEK; EUROPE PUSHES HIGHER ON US GDP DATA US equities capped a choppy and sloppy week nearly flat Friday, but extended weekly losses after uninspiring earnings reports failed …
Equities Leak Higher On Data; Europe Rises On Earnings
[Chart courtesy of MarketWatch.com] US equities snapped a two-day losing streak to end modestly higher as investors weighed better economic data against average corporate earnings report. Economic data offered the silver lining after two day’s of hammering. Demand for durable goods jumped 9.9 percent in September, a Commerce Department report revealed. Also, first time jobless claims came in better than …