Bullish euphoria continues to permeate Wall Street as major indexes finished the day in bright green territory, settling above key resistance levels. The Nasdaq led the way higher, gaining 0.7% on the day, bolstered by Apple, which hit an all-time high of $535.38 a share [see also How An Apple Dividend Would Impact ETFs]. The Dow Jones Industrial Average and S&P 500 also ended today’s trading session on a high note, gaining 0.18% and 0.34% respectively for the day. Economic data releases on all fronts took center stage on Tuesday as investors turned to fundamental indicators for insights. At home, durable goods orders missed the mark, coming in at negative 4% versus last month’s reading of positive 3.2%. Housing market data was also lackluster after the latest Case-Shiller home prices reading came in at negative 1.1%, which is still a minor improvement from last month’s figure of negative 1.3%. Despite [...] Click here to read the original article on ETFdb.com. Related Posts: Seven Surprising ETF Performance Comparisons Daily ETF Roundup: UNG Surges On Production Cuts, GDX Slips On Gold’s Weakness Daily ETF Roundup: UNG Jumps On Chinese Demand, GDX Tumbles As Gold Loses Daily ETF Roundup: UNG Tumbles On Mild Weather, GDX Continues Surge On Demand Daily ETF Roundup: UNG Tumbles On Storage Report, GDX Rises On Gold’s Strength
Bullish euphoria continues to permeate Wall Street as major indexes finished the day in bright green territory, settling above key resistance levels. The Nasdaq led the way higher, gaining 0.7% on the day, bolstered by Apple, which hit an all-time high of $535.38 a share [see also How An Apple Dividend Would Impact ETFs]. The Dow Jones Industrial Average and S&P 500 also ended today’s trading session on a high note, gaining 0.18% and 0.34% respectively for the day. Economic data releases on all fronts took center stage on Tuesday as investors turned to fundamental indicators for insights. At home, durable goods orders missed the mark, coming in at negative 4% versus last month’s reading of positive 3.2%. Housing market data was also lackluster after the latest Case-Shiller home prices reading came in at negative 1.1%, which is still a minor improvement from last month’s figure of negative 1.3%. Despite [...]
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