Daily ETF Roundup: Spain Rumors Offer Little Relief

By: ETFdb
As has been the trend , markets once again took their cue from headlines concerning the Euro Zone bailout saga. According to a report released today, the European Commission and Spain are supposedly working towards implementing the long list of requirements for a bailout fund, ensuring that the nation is well prepared before it asks the ECB for help. Although this renewed optimism helped bouy markets for the majority of the day, the quarterly rebalancing of the S&P Dow Jones Indexes and expiration of stock-index futures, stock-index options, stock options and single-stock futures kicked up trading volumes during the last hours of trading [see also Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Spain Rumors Offer Little Relief U.S. equities erased their gains in the final hour of trading to finish narrowly mixed on the day. The Dow Jones Industrial Average (DIA) and S&P 500 (SPY) slipped into negative territory, while tech-heavy Nasdaq (QQQ) managed [...] Click here to read the original article on ETFdb.com. Related Posts: Best ETF Performers Of 2010: Winners For Every ETFdb Category Daily ETF Roundup: Markets Tick Higher On Another QE3 “Hint” Daily ETF Roundup: Isaac Strikes, Beige Book Tells Mixed Story Daily ETF Roundup: Bulls Back Away From Resistance Daily ETF Roundup: GDXJ Strikes Gold, Coffee Sizzles
As has been the trend , markets once again took their cue from headlines concerning the Euro Zone bailout saga. According to a report released today, the European Commission and Spain are supposedly working towards implementing the long list of requirements for a bailout fund, ensuring that the nation is well prepared before it asks the ECB for help. Although this renewed optimism helped bouy markets for the majority of the day, the quarterly rebalancing of the S&P Dow Jones Indexes and expiration of stock-index futures, stock-index options, stock options and single-stock futures kicked up trading volumes during the last hours of trading [see also Seven Simple & Cheap All-ETF Model Portfolios].  Global Market Overview: Spain Rumors Offer Little Relief U.S. equities erased their gains in the final hour of trading to finish narrowly mixed on the day. The Dow Jones Industrial Average (DIA) and S&P 500 (SPY) slipped into negative territory, while tech-heavy Nasdaq (QQQ) managed [...]

Click here to read the original article on ETFdb.com.

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