[Chart courtesy of MarketWatch.com] The US equity rally faded after three straight up days with Wall Street turning cautious even as the Dow industrials and S&P 500 managed to stay in the green while the NASDAQ slipped. European stocks ended marginally higher as Europe chose to ignore the region’s negative economic data and focus on the possibility of an early …
US Stocks Retreat On Weak Data And Europe Crisis; FBT Pops, TYH Tanks
[Chart courtesy of MarketWatch.com] Stocks ended lower for the second day in a row Thursday as unease over Europe and weak US economic data eclipsed the positive Q1 earnings readings. Treasury yields dropped for the second day in a row as US jobless claims and existing home sales data failed to meet expectations, increasing the attractiveness of US assets. The …
ETFs Stay Relatively Calm, But That May Change Very Soon
[Chart courtesy of MarketWatch.com] Markets appeared to be in the gray zone today, finishing modestly on the upside after an initial dip. The S&P 500 went up 0.48% while European indices such as the DAX and CAC 40 hit some road bumps, dropping 0.87% and 1.92%, respectively. Also, Asian equity markets finished on the downside. Despite recent hyperactivity in the …