U.S. equity markets finished an impressive first quarter on a high note today, with the Dow Jones Industrial Average logging in its best quarter in 15 years and the S&P 500 breaking a six-year old high to mark a new all-time new record. Bolstering investor confidence was news of further developments in the euro zone; Cyprus finally reopened its banks today with little signs of panic. However, disappointing readings on manufacturing in the Chicago area and weekly labor data slightly offset optimism [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Close Out Quarter On High Note After concerns over Cyprus abated, all three major U.S. equity index rallied to close in positive territory. The S&P 500 ETF rose 0.31%, as its underlying index finished at 1569.19, breaking its highest close since 2007. The Dow Jones Industrial Average ETF gained 0.25%, while the tech-heavy Nasdaq ETF also inched 0.25% higher. In Europe, markets were [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Close Lower on Cyprus Fears ETF Insider: Optimism Bolsters Indexes Above Key Support Daily ETF Roundup: Stocks Lower On European Concerns Daily ETF Roundup: S&P Closes Near All-Time High Daily ETF Roundup: Stocks Slip On Cyprus Worries
U.S. equity markets finished an impressive first quarter on a high note today, with the Dow Jones Industrial Average logging in its best quarter in 15 years and the S&P 500 breaking a six-year old high to mark a new all-time new record. Bolstering investor confidence was news of further developments in the euro zone; Cyprus finally reopened its banks today with little signs of panic. However, disappointing readings on manufacturing in the Chicago area and weekly labor data slightly offset optimism [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Close Out Quarter On High Note After concerns over Cyprus abated, all three major U.S. equity index rallied to close in positive territory. The S&P 500 ETF rose 0.31%, as its underlying index finished at 1569.19, breaking its highest close since 2007. The Dow Jones Industrial Average ETF gained 0.25%, while the tech-heavy Nasdaq ETF also inched 0.25% higher. In Europe, markets were [...]
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