The bulls and bears continued their tug-of-war today, as news from the U.S. and overseas weighed heavily on the markets. In Asia, Japan’s central bank bolstered equities after it announced a series of aggressive easing measures, stating that it will double its government bond holdings in two years. Meanwhile on the U.S. economic front, initial jobless claims increased by 28,000 to 385,000, slightly more than expected. Considering jobless claims have risen for the past three weeks, investors remain nervous ahead of tomorrow’s nonfarm payrolls and unemployment rate reports [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Rebound On Bank of Japan Move As investors digested today’s disappointing labor data and the Bank of Japan’s drastic policy measures, all three major U.S. equity index managed to rebound and close in positive territory. The Dow Jones Industrial Average ETF gained 0.41%, as its underlying index rebounded from a 112-point slide on Wednesday. The S&P 500 ETF [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Close Out Quarter On High Note ETF Insider: Optimism Bolsters Indexes Above Key Support Daily ETF Roundup: Stocks Close Sharply Lower Daily ETF Roundup: Health Care Stocks Push Indexes To New Highs Daily ETF Roundup: Stocks Close Lower On First Day Of Q2
The bulls and bears continued their tug-of-war today, as news from the U.S. and overseas weighed heavily on the markets. In Asia, Japan’s central bank bolstered equities after it announced a series of aggressive easing measures, stating that it will double its government bond holdings in two years. Meanwhile on the U.S. economic front, initial jobless claims increased by 28,000 to 385,000, slightly more than expected. Considering jobless claims have risen for the past three weeks, investors remain nervous ahead of tomorrow’s nonfarm payrolls and unemployment rate reports [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Rebound On Bank of Japan Move As investors digested today’s disappointing labor data and the Bank of Japan’s drastic policy measures, all three major U.S. equity index managed to rebound and close in positive territory. The Dow Jones Industrial Average ETF gained 0.41%, as its underlying index rebounded from a 112-point slide on Wednesday. The S&P 500 ETF [...]
Click here to read the original article on ETFdb.com.
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