[Chart courtesy of MarketWatch.com] While blue-chips declined, most US stocks closed marginally higher Wednesday, sending the Standard & Poor’s 500 Index to the highest level since Oct 2007 as investors compared slowing retail sales with slightly upbeat earnings report. Before markets opened, data released by the Census Bureau showed US retail sales rose at a seasonally adjusted pace of 0.1 …
Market Indexes Inch Upward As Dow Hits Five-Year High; Europe Gains on Barclays
[Chart courtesy of MarketWatch.com] US equities edged up Tuesday sending benchmark indexes to five-year highs, as earnings topped street estimates and investors looked ahead to President Barack Obama’s State of the Union address in the evening. In economic news, the US Treasury reported a budget surplus of $2.9 billion for January, beating estimates of a $2 billion deficit. Overseas, finance …
Indexes Drift Lower In Lackluster Trading; Novo Nordisk Puts A Drag On Europe
[Chart courtesy of MarketWatch.com] The major index ETFs finished marginally lower Monday on the lightest volume trading day of 2013 as investors took a breather after the recent rally and reassessed the markets that have pushed the S&P 500 and the Dow Jones near all-time highs. With no significant economic and corporate-earnings news to chew on, markets took a pause …
ETF/No Load Fund Tracker Newsletter For Friday, February 8, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02072013/ ———————————————————— Market Commentary Friday, February 8, 2013 US AND EUROPE RISE ON TRADE DATA US stocks advanced Friday on strong trade data, pushing the S&P 500 to the highest level since November 2007 though the Dow Industrials retreated for the week, snapping a five-week …
Stock Indexes Lose Steam; Europe Drifts Lower On Draghi
[Chart courtesy of MarketWatch.com] After a two-day advance, US stock indexes drifted lower today as investors lost risk appetite following the release of mixed economic reports, and European policy makers warned a strong euro could hamper the region’s recovery. On the economic front, applications for weekly jobless benefits dropped to 366,000, down 5,000 from the previous week but above forecasts, …
Index ETFs Rise On Earnings; Europe Slips On Italian Austerity Worries
[Chart courtesy of MarketWatch.com] US indexes finished slightly higher Wednesday, recouping early losses as better-than-forecast earnings eclipsed concerns over Europe’s debt crisis ahead of tomorrow’s European Central Bank meeting in Frankfurt. Equities had slumped earlier amid concerns Europe’s debt crisis may get worse. An opinion poll in Italy showed former Premier Silvio Berlusconi’s anti-austerity campaign has boosted his popularity before …