[Chart courtesy of MarketWatch.com] US equity indexes mostly finished lower with the S&P 500 snapping its longest rally since 2004 as a decline in pending home sales offset a rise in durable-goods orders while investors seemed reluctant to make fresh purchases after four weeks of gains. The Commerce department said orders for durable goods rose 4.6 percent in December after …
Equities Inch Higher On Economy, Mideast; Europe Edges Up While Greece Lingers
[Chart courtesy of MarketWatch.com] US equities managed to eke out modest gains with major averages hitting a near two-week high after a ceasefire deal was announced between Israel and Hamas in Egypt, propelling the S&P 500 and NASDAQ Composite into the expansionary territory for the fourth straight session. In the US, weekly jobless claims dropped to 410,000, a Labor Department …
Equities Leak Higher On Data; Europe Rises On Earnings
[Chart courtesy of MarketWatch.com] US equities snapped a two-day losing streak to end modestly higher as investors weighed better economic data against average corporate earnings report. Economic data offered the silver lining after two day’s of hammering. Demand for durable goods jumped 9.9 percent in September, a Commerce Department report revealed. Also, first time jobless claims came in better than …
Economic Report, ECB Spur Bank Rally; Europe Wobbles
[Chart courtesy of MarketWatch.com] US stocks jumped Thursday with the Dow registering its third gain session in four after the latest jobless report beat estimates, and the US Fed said it allegedly can manage risks arising out of the latest round of balance sheet expansion. Sentiment got a boost after a Labor Department report revealed initial unemployment benefits claims rose …
Equity Indexes End Lower Over Europe, Growth Worries; Greece Concerns Surface Again
[Chart courtesy of MarketWatch.com] US stocks lost traction Monday with the S&P 500 extending losses over the weekend for the third straight day as data from China and Germany indicated global recovery is slowing while Europe squabbled over the deadline of proposed banking oversight system. The Dow Jones Industrial Average (DJIA) lost 21 points while the S&P 500 Index (SPX) …
ETF/No Load Fund Tracker Newsletter For Friday, September 7, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09062012/ ———————————————————— Market Commentary Friday, September 7, 2012 US EQUITIES EDGE UP ON FED STIMULUS HOPES; EUROPE RALLIES ON CHINA STIMULUS US stocks continued their upward journey Friday with the major indexes settling higher for the first time in three weeks and extending multi-year highs …