US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election Tuesday night. Risk sentiment soured after violent protests broke out in Greece as the country’s parliament got ready to vote …
Last Week In Review: ETF News And Blog Posts To 5/13/2012
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 5/13/2012. Much uncertainty about the worsening European debt crisis pulled the benchmark S&P 500 index lower by some 1.2% for the week. Overall, upward momentum has slowed, especially in the international area as shown by …
ETF/No Load Fund Tracker Newsletter For Friday, May 11, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05102012/ ———————————————————— Market Commentary Friday, May 11, 2012 JP MORGAN LOSS WEIGHS ON STOCKS; EEME SHINES, IYG FADES US stocks finished the week lower for the second consecutive week on Friday as banking giant JPMorgan Chase announced an unexpected $2-billion trading loss, sending investors running …
US Broad Markets End Losing Streak; EWP Pops, KWT Drops
[Chart courtesy of MarketWatch.com] US broad markets ended higher with the NASDAQ dropping after blue-chips reversed their longest losing streak in nine months following a dip in jobless claims. Investors, however, remained cautious as Europe wavered over Greece’s possible exit from the monetary union. Treasuries cut losses as investor-demand for safe-haven US debts remained strong, though yields rose for the …