[Chart courtesy of MarketWatch.com] US blue-chip stocks closed lower Tuesday while the NASDAQ composite finished in the green to extend gains for the second straight session as investors cheered better-than-expected housing data even as consumer confidence plummeted ahead of a potentially market-moving speech by the US Fed chairman later this week. The S&P/Case-Shiller index that surveys home price across 20 …
Markets Drift Lower On Indecision; Europe Rises On Tech And Banks
[Chart courtesy of MarketWatch.com] US blue-chip indexes closed lower while tech-stocks jumped as investors remained undecided ahead of Federal Reserve chairman Ben Bernanke’s speech in a global banking symposium later this week. The Dow Jones Industrial Average (DJIA) lost 0.3 percent after the blue-chip index’s breadth turned negative with 20 of the 30 stocks closing lower. The S&P 500 Index …
ETF/No Load Fund Tracker Newsletter For Friday, August 24, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08232012/ ———————————————————— Market Commentary Friday, August 24, 2012 A ROLLER COASTER: NOW FED STIMULUS HOPES ARE BACK ON; EUROPE ENDS WINNING STREAK US equities fought back after a four-session slide ending the week on a high as hopes for monetary expansion received a boost after …
Stock Indexes Retreat As Fed Stimulus Hope Fades; Europe Slides On PMI Data
[Chart courtesy of MarketWatch.com] Stock indexes tumbled with the Dow industrials posting its biggest fall in more than a month that also marked its fourth down day after global manufacturing data showed signs of slowdown and a US Fed official cast doubts over further accommodative policies soon. The Dow Jones Industrial Average (DJIA) closed 115 points lower after losing as …
Equities Pare Losses After Fed Minutes; Europe Slumps Ahead Of Greece Meeting
[Chart courtesy of MarketWatch.com] Equities trimmed losses Wednesday with the broad market closing near flat after the minutes from the Fed’s last meeting showed many policy makers favored another round of monetary stimulus if the economy failed to show signs of a durable pick up. The Dow Jones Industrial Average closed 31 points lower after sinking as much as 83 …
Major Market ETFs Retreat As Declining Tech Stocks Eclipse Euro Optimism; ECB Hope Drives Europe Higher
[Chart courtesy of MarketWatch.com] Major Market ETFs retreated today with the S&P 500 climbing down from a four-year high as optimism over the European Central Bank’s possible intervention to limit the region’s contagion was eclipsed by a decline in US equities led by technology stocks. The Dow Jones Industrial Average (DJIA) fell 0.5 percent, with 22 of the 30 stocks …