[Chart courtesy of MarketWatch.com] Equity ETFs pared early gains to end mixed Thursday after Fed Chairman Ben Bernanke chose to remain silent, despite market expectations of quantitative easing measures and the Chinese central bank cutting interest rates by a quarter percent to ward off a deepening slowdown. Treasuries remained choppy with the 10-year closing at the highest level in a …
US Equities Bounce Back From Worst Week Of The Year
[Chart courtesy of MarketWatch.com] US stocks bounced back Monday to break the weeklong losing streak as broader markets rallied, despite social-networking site Facebook plummeting more than 10 percent following its Friday debut. The S&P 500 snapped its six straight day of losses to post its best session in two months while the Dow made the biggest single-day gain in over …
US Stocks End Lower Despite Decent Economic Data; UNG Jumps, PSTL Slides
[Chart courtesy of MarketWatch.com] Robust US economic data on factory output and housing failed to halt the broad slide as US stocks closed lower Wednesday for the fourth straight trading session. Though the day had started off strongly, but concerns over Greece weighed on investor sentiments and down we went. Yield on the benchmark 10-year Treasuries sank to a seven-month …
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 …
Equity Markets Celebrate A Delayed “Sinko De Mayo;” Fear Of Greece Exit From EU Spooks US Stocks
[Chart courtesy of MarketWatch.com] US equities sank Tuesday as the Greek political uncertainty continued to haunt markets though major indexes managed to cut losses and clawed back to recoup earlier losses. Good thing, because for a while serious downside prospects loomed very large. As Athens struggled to form a coalition government, Treasury yields sank to a three-month low as demand …
Major Market ETFs Slide Ahead Of Friday’s Jobs Data; UNG Shines, GAZ Tanks
[Chart courtesy of MarketWatch.com] US stocks declined for the second day as investors took a cautious stance ahead of the US government’s monthly jobs report on Friday and digested mixed earnings reports. That should come as no surprise, as the jobs report is one of the most widely anticipated data points with market moving powers. Investor sentiment got a boost …