[Chart courtesy of MarketWatch.com] Domestic stock markets surged to close at the highs of the day, marking the second-best single day gains year-to-date, on signs that the fiscal stalemate on Capitol Hill may be beginning to thaw. The Dow rocketed over 300 points while the market rally left the S&P 500 less than 2 percent away from its record closing …
ETF/No Load Fund Tracker Newsletter For Friday, October 4, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10032013/ ———————————————————— Market Commentary Friday, October 4, 2013 STOCKS IGNORE GOVERNMENT STAND-OFF U.S. equities snapped their recent two-day losing streak, closing the trading session nicely higher despite the federal government shutdown continuing for a fourth day, with no signs of an end to the budget …
Floating Lower
[Chart courtesy of MarketWatch.com] Domestic equities slipped for the second-straight session on Thursday, with the Standard & Poor’s 500 Index dropping the most in a month, as global and domestic investors continue to anxiously await resolutions from Congress to solve Washington’s budget crisis. The situation has now partially shut down the government for three days, while the debt ceiling limit …
Stocks Ignore Shutdown; Buyers Step In
[Chart courtesy of MarketWatch.com] After falling to a three-week low yesterday, U.S. equity markets closed the trading session higher to begin the new month and quarter, led by some upbeat manufacturing activity data despite the first partial government shutdown in 17 years. Investors for now appeared confident that the situation would be short-lived. After dropping seven out of the past …
Major Index ETFs Slip And Slide As Spending Battle Begins
[Chart courtesy of MarketWatch.com] Domestic equity markets fell today and the S&P 500 put in a fifth day of losses, its longest losing streak since the end of 2012, following some diverging domestic economic reports. Including today’s decline, the benchmark index has surrendered 1.9% since last Thursday. Treasuries were higher amid the U.S. fiscal uncertainty and after durable goods orders …
Confusion Continues Thanks To Fed And Congress
[Chart courtesy of MarketWatch.com] U.S. equity indexes declined for a third straight session today amid the continued uncertainty surrounding the Federal Reserve’s timing over tapering and the U.S. fiscal fight brewing in Washington. Meanwhile, treasuries ended higher following a preliminary report that showed growth in U.S. manufacturing activity unexpectedly decelerated. Technology stocks, however, found some support from Apple’s announcement of …