[Chart courtesy of MarketWatch.com] Stocks were off to the races Wednesday, as the S&P 500 marched to its highest level ever. Markets climbed 1 percent on Wednesday, with both the Dow and S&P 500 ending at historic highs as cyclical shares led the way higher for a second straight day. The S&P 500 finally surged past the record set in …
Market Heads North Close To Record High While Economy Continues South
[Chart courtesy of MarketWatch.com] Stocks surged on Tuesday, with the Dow closing at a record high on a rally in cyclical shares and as earnings season started to heat up. The S&P 500 hit an intraday high of 1,573.89, just below its October 2007 intraday high of 1,576; which is a nice recovery from the losses last week. Investors are …
Index ETFs Are Back To Winning Ways; Europe Rises On German Data
[Chart courtesy of MarketWatch.com] The major index ETFs advanced Monday, shedding early losses as investors grew optimistic first quarter earnings would help equities rebound from their biggest weekly decline of the year. The gains were modest as buyers came in because they needed/wanted additional exposure in equities. Federal reserve Chairman Ben Bernanke is scheduled to address a conference in Atlanta …
ETF/No Load Fund Tracker Newsletter For Friday, April 5, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04042013/ ———————————————————— Market Commentary Friday, April 5, 2013 SUBPAR JOBS REPORT PUNISHES US INDEXES; EUROPEAN STOCKS TRACK LOWER US index ETFs slumped Friday, capping the biggest weekly decline for the S&P 500 Index, after a government report showed less than half of estimated Americans found …
Bank Of Japan Stimulates US Markets; Europe Slips On Draghi Comments
[Chart courtesy of MarketWatch.com] US equities closed higher, rebounding from the biggest sell off in more than a month for the S&P 500 index, as cheer over Bank of Japan’s monetary stimulus offset a rise in US jobless claims. Japan’s central bank provided the early boost to equities today with an announcement it would buy 7 trillion yen (about $73 …
US Indexes Retreat On Disappointing Data; Europe Tracks Lower
[Chart courtesy of MarketWatch.com] US equities headed sharply downhill, with benchmark indexes sliding to their lowest levels in more than five weeks as oil prices plunged and labor market data disappointed, spurring concern on economic growth ahead of Friday’s all-important nonfarm payrolls report. Before markets opened, New Jersey-based private payroll-processor ADP Research Institute reported companies hired 158,000 workers in March, …