[Chart courtesy of MarketWatch.com] Equities recovered from yesterday’s minor pullback, with the S&P 500 Index snapping its first three-day decline of the year, after the Federal Reserve said it would continue to support the US recovery (AKA continuing its relentless money printing efforts) while eurozone leaders mulled options for Cyprus. Speaking to reporters at the conclusion of the two-day FOMC …
Index ETFs Still Affected By Cyprus; European Stocks Slump On Concern Cyprus To Reject Bank Tax
[Chart courtesy of MarketWatch.com] US equity averages ended mixed with the Dow Industrials eking out a slight gain, and the S&P 500 Index extending its longest slump of the year as Cyprus’ rejection of a bailout levy eclipsed economic data that showed growth in new home construction. Stocks retreated as lawmakers rejected an unprecedented levy on bank deposits, throwing into …
ETF/No Load Fund Tracker Newsletter For Friday, March 15, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03142013/ ———————————————————— Market Commentary Friday, March 15, 2013 DOW RETREATS AFTER 10-DAY STREAK OF GAINS; EUROPE SLIPS US stock indexes retreated, sending the Dow Industrials lower for the first time in 11 days and containing the S&P 500 just as it neared its record close …
Jobless Data Lifts S&P 500 To Near Record; Europe Stocks Rise To 4 ½ Year High On US Rally
[Chart courtesy of MarketWatch.com] US stocks climbed today, sending the Standard & Poor’s 500 index within two points of its all-time closing high and lifting the Dow to yet another record high, after government data showed jobless claims dropped unexpectedly last week to the lowest level in almost two months in a sign the economy is expanding. Earlier in the …
Dow Records Longest Winning Streak Since 1996 On Retail Sales; Europe Lower On Data, Italy Auction
[Chart courtesy of MarketWatch.com] Domestic equities rose marginally with the Dow Industrials capping its longest wining streak since 1996 after data showed retail sales increased in February the most in five months, bolstering confidence in the world’s largest economy. Economic numbers from Europe dampened sentiment before markets opened today. Data released by the EU statistics office showed industrial production fell …
Stocks Close Mostly Lower, But Dow Hits Record; European Stocks End Flat
[Chart courtesy of MarketWatch.com] US stocks closed mostly lower Tuesday as the S&P 500 snapped a seven day winning spree, but the blue-chip Dow Industrials staged a late-session turnaround to finish at a record high for the sixth straight day. Meanwhile, amid the continuing saga of Washington’s budget wars, House Republicans introduced a plan to cut the deficit to $528 …