US Stocks Retreat On Weak Data And Europe Crisis; FBT Pops, TYH Tanks

Ulli Market Review Contact

[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

Ulli Market Review Contact

[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 …