[Chart courtesy of MarketWatch.com] US equities advanced today, sending the S&P 500 to its highest level since December 2007 as better-than-forecast housing data and initial jobless claims offset mixed corporate results. The boost came after the Commerce Department reported a sharp rise in the number of new homes being built in December. Housing starts vaulted 12.1 percent last month, the …
Indexes Are A Mixed Bag As Boeing Weighs On Blue-Chips; Europe Struggles On Growth Worries
[Chart courtesy of MarketWatch.com] US equities closed mixed as investors remained worried about the debt ceiling negotiations and global economic growth while a rebound for Apple Inc buoyed the technology sector. In economic news, the World Bank sharply cut its global growth forecast for this year citing austerity measures, low business confidence and high unemployment in advanced economies. The bank …
Early Sell Off Followed By Higher Close On Mixed Economic Data; Europe Ends Unchanged
[Chart courtesy of MarketWatch.com] US stocks fought back, rebounding from earlier losses Tuesday as a rally in retail and transportation shares eclipsed concerns about discussions on raising the debt ceiling in Washington, while further weakness for Apple weighed on the technology sector. On the economic news front, reports showed US retail sales rose 0.5 percent in December, led by an …
Dell Rally Is Offset By Apple Slide In The US; Europe Declines For A Third Day On Data
[Chart courtesy of MarketWatch.com] US equities closed mixed Monday, with two of the three benchmark indexes slipping into negative territory as Apple Inc’s near four percent drop amid concern about iPhone sales offset a rally in Dell Inc. Apple, the most valuable company, sank 3.6 percent that wiped out $17 billion in investor wealth after the Wall Street Journal and …
ETF/No Load Fund Tracker Newsletter For Friday, January 11, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01102013/ ———————————————————— Market Commentary Friday, January 11, 2013 STOCK INDEXES FINISH HIGHER FOR THE SECOND STRAIGHT WEEK; EUROPEAN EQUITIES SLIP US stock indexes changed little Friday, a day after the S&P 500 index rose to a five-year high as investors digested news of weak bank …
Chinese Export Data Lifts Equities; Europe Falters As ECB Keeps Rates On Hold
[Chart courtesy of MarketWatch.com] US stocks advanced for a second straight day, sending the S&P 500 to a fresh five-year closing high after exports data from China bolstered the view the global economy is on the mend. China’s December exports surged 14.1 percent from a year earlier, almost triple the 5 percent growth projected by analysts and well ahead of …