The major index ETFs erased gains today as optimism over Federal Reserve plans to expand its balance sheet faded after Chairman Ben Bernanke warned the central bank doesn’t have the tools to shield the economy from the looming fiscal cliff. Stocks rallied to session highs after the central bank said it would add $45 billion a month of Treasury securities starting January …
US Stocks Crawl Higher On Budget Hopes, Fed Stimulus; Europe Rises On German Confidence
[Chart courtesy of MarketWatch.com] US stocks finished higher with the Dow Industrials erasing losses since the Election Day and the S&P 500 rising for the fifth straight day as optimism grew that the Federal Reserve will announce more stimulus when wrapping up its final meeting of the year tomorrow and awaited progress on federal budget negotiations in Washington hopefully comes …
ETF/No Load Fund Tracker Newsletter For Friday, December 7, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12062012/ ———————————————————— Market Commentary Friday, December 7, 2012 EQUITIES RISE SLIGHTLY ON JOBS REPORT WHILE APPLE WEIGHS ON NASDAQ; EUROPE BOUNCES BACK US stocks inched up today as optimism over better-than-expected November jobs data offset a drop in December consumer sentiment amid continuing budget negotiations …
Apple Rebound Boosts US Stocks Amid Cliff Negotiations; Europe Gains On German Factory Orders
[Chart courtesy of MarketWatch.com] US stocks advanced for the second straight day Thursday as Apple Inc bounced back from its biggest drop in nearly four years and technology stocks showed strength. But the gains were capped as investors avoided making big bets as long as a budget deal remained elusive in Washington. The indexes continued in roller coaster mode pushed …
Uncertainty Reigns As Apple Weighs On NASDAQ; Europe Rises As Nokia Rallies
[Chart courtesy of MarketWatch.com] US equities ended mostly higher Wednesday as Wall Street applauded comments from President Obama on the fiscal cliff, and investors lapped up upbeat corporate news, but Apple Inc dragged down the NASDAQ Composite. On the economic front, the Institute for Supply Management reported a slightly faster pace of growth for the US services sector in November, …
US Indexes Ease As Fiscal Cliff Wrangling Continues; Europe Wobbles On Uncertainties
[Chart courtesy of MarketWatch.com] US stocks turned lower, sending the major equity averages down for a second straight day, as Democrats stuck to their guns on raising taxes for the richest Americans and eurozone differences continued to fester over a new banking regulator in the single currency bloc. In the latest round of US budget negotiations, the White House rejected …