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This Week In ETFs: June 10th Edition
June 10, 2012 at 09:00 AM EDT
Markets finally saw the light at the end of the tunnel this week, as major indexes managed to push into positive territory after several dismal weeks of trading. Despite relatively high levels of volatility, stocks surged higher: the Dow Jones Industrial Averaged rallied near session highs while the S&P and Nasdaq also inched higher. As equity markets showed promising signs, investors clung to every word – or in this case, the lack of words – of Fed Chairman Ben Bernanke’s testimony to Capital Hill. When questioned on whether or not the Fed will take steps to boost economic growth, Bernanke indicated that the Fed is “still working” on the possibilities of further quantitative easing measures. On the Euro Zone front, government officials scrambled to conjure up a plan to support Spain’s debt-ridden economy. As Europe drama heats up once again, investors will likely be seeing some elevated levels of activity next week [see [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Markets finally saw the light at the end of the tunnel this week, as major indexes managed to push into positive territory after several dismal weeks of trading. Despite relatively high levels of volatility, stocks surged higher: the Dow Jones Industrial Averaged rallied near session highs while the S&P and Nasdaq also inched higher. As equity markets showed promising signs, investors clung to every word – or in this case, the lack of words – of Fed Chairman Ben Bernanke’s testimony to Capital Hill. When questioned on whether or not the Fed will take steps to boost economic growth, Bernanke indicated that the Fed is “still working” on the possibilities of further quantitative easing measures. On the Euro Zone front, government officials scrambled to conjure up a plan to support Spain’s debt-ridden economy. As Europe drama heats up once again, investors will likely be seeing some elevated levels of activity next week [see [...]
