[Chart courtesy of MarketWatch.com] US stocks closed mostly lower Tuesday as the S&P 500 snapped a seven day winning spree, but the blue-chip Dow Industrials staged a late-session turnaround to finish at a record high for the sixth straight day. Meanwhile, amid the continuing saga of Washington’s budget wars, House Republicans introduced a plan to cut the deficit to $528 …
Index ETFs Continue Record Run As S&P Nears Record High; Europe Eases On Italy
[Chart courtesy of MarketWatch.com] US indexes continued their record run Monday with the S&P 500 rising within nine points of the all-time high, while a gauge of market volatility slipping to the lowest level in six years as banks rallied and Apple Inc gained. Stocks tumbled earlier after National Bureau of Statistics data showed Chinese industrial output grew 9.9 percent …
ETF/No Load Fund Tracker Newsletter For Friday, March 8, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03072013/ ———————————————————— Market Commentary Friday, March 8, 2013 MARKET INDEXES GAIN MORE THAN 2 PERCENT FOR THE WEEK; EUROPE RISES ON US JOBS DATA US indexes notched weekly gains of more than 2 percent as the Dow Industrials and the S&P 500 closed higher for …
Dow Continues Record Run As Jobless Claims Dip; Europe Slips On ECB
[Chart courtesy of MarketWatch.com] US indexes continued their upward momentum with the Dow Industrials closing at a new record high as the number of Americans who filed for unemployment benefits fell to a six-week low, showing further improvement in the labor market. Ahead of Thursday’s open, the Labor Department said initial applications for unemployment benefits fell unexpectedly to 340,000 last …
Dow Industrials Extend Record High On Jobs Data; Europe Retreats From 4 ½ Year High
[Chart courtesy of MarketWatch.com] US indexes finished mostly higher with the Dow Jones Industrial Average extending its record high after a private report showed companies hired more workers than forecast and the Federal Reserve said the economy is growing. Ahead of the opening bell, a report by Automatic Data Processing Inc. showed US companies added 198,000 workers in February, exceeding …
Heading Into Bubble Territory; Dow Hits Record High After Services Index Rise; Europe Rallies
[Chart courtesy of MarketWatch.com] The Dow Jones Industrial Average jumped to a new high Tuesday, trimming losses from the financial crisis after a four-year rally, fueled by monetary stimulus from the Federal Reserve and alleged indications of an improving economy. Equities extended their gains after the Institute for Supply Management’s index for non-manufacturing activity rose to 56 percent from 55.2 …