Today marked the opening of the fourth quarter and represented a blank slate for some investors. The third quarter of this year erased all of the progress accumulated through the first half, leaving investors frustrated with markets that refuse to follow a stable pattern. Today saw losses across the board, as the Dow Jones Industrial Average lost 2.4% and the NASDAQ suffered a 3.3% blow. Oil had a rough day as well, finishing up the session down $2.49/barrel, leaving the trading day at roughly $74.7/barrel, the lowest prices seen this year. Interestingly enough, October is historically a bad month for stocks, as a number of infamous crashes have occurred during the month, most notable being the beginning of the Great Depression with the 1929 Market Crash [see also ETF Insider: Yet Another Up-Down Week]. In times like these, it can be nearly impossible to pick the right investment, as asset [...] Click here to read the original article on ETFdb.com. Related Posts: These Aren’t Your Grandfather’s Gold ETFs Tuesday’s ETF Chart To Watch: SPDR Gold Trust (GLD) August ETF Stats: Keeping The Winning Streak Alive (Just Barely) ETF Insider: Equities Back In Black Here’s A Wild Idea: The ETF ETF
Today marked the opening of the fourth quarter and represented a blank slate for some investors. The third quarter of this year erased all of the progress accumulated through the first half, leaving investors frustrated with markets that refuse to follow a stable pattern. Today saw losses across the board, as the Dow Jones Industrial Average lost 2.4% and the NASDAQ suffered a 3.3% blow. Oil had a rough day as well, finishing up the session down $2.49/barrel, leaving the trading day at roughly $74.7/barrel, the lowest prices seen this year. Interestingly enough, October is historically a bad month for stocks, as a number of infamous crashes have occurred during the month, most notable being the beginning of the Great Depression with the 1929 Market Crash [see also ETF Insider: Yet Another Up-Down Week]. In times like these, it can be nearly impossible to pick the right investment, as asset [...]
Click here to read the original article on ETFdb.com.
Related Posts:
