Investors finally saw some action in the markets today after a slew of economic reports helped jump start some much needed momentum. Unfortunately, the enthusiasm didn’t last long as investors seemingly shrugged off the latest headlines during the final hour of trading, forcing stocks to finish essentially flat. The ever-resilient Germany posted somewhat disappointing growth data today, showing a minor slowdown in the nation’s economy, but not by as much as analysts had predicted. The Euro Zone also reported its gross domestic product, which came in at -0.2%, in line with expectations. On the homefront, investors welcomed positive U.S. retail sales, which showed a significantly better-than-expected uptick in retail consumption. But while these reports may have stirred up some action today, markets will likely remain on pins and needles until investors’ fears are adequately quelled [see also How To Pick The Right ETF Every Time]. Global Market Overview: U.S. Pushes Ahead, Europe Stuck In The [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Gear Up For Turbulence ETF Insider: Weak Dollar Creates Opportunities Daily ETF Roundup: Markets On Vacation, Japan Disappoints 3 ETFs To Watch This Week: EWA, EWC, RTH Daily ETF Roundup: VGK Gains On U.S. Rally, VXX Tumbles
Investors finally saw some action in the markets today after a slew of economic reports helped jump start some much needed momentum. Unfortunately, the enthusiasm didn’t last long as investors seemingly shrugged off the latest headlines during the final hour of trading, forcing stocks to finish essentially flat. The ever-resilient Germany posted somewhat disappointing growth data today, showing a minor slowdown in the nation’s economy, but not by as much as analysts had predicted. The Euro Zone also reported its gross domestic product, which came in at -0.2%, in line with expectations. On the homefront, investors welcomed positive U.S. retail sales, which showed a significantly better-than-expected uptick in retail consumption. But while these reports may have stirred up some action today, markets will likely remain on pins and needles until investors’ fears are adequately quelled [see also How To Pick The Right ETF Every Time]. Global Market Overview: U.S. Pushes Ahead, Europe Stuck In The [...]
Click here to read the original article on ETFdb.com.
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