Thursday marked the third straight loss for major benchmarks, as it seems more than likely that markets will post a losing week by the time tomorrow comes to an end. Lackluster data as well as some necessary profit taking have been the main culprits of market troubles, as many investors are eager to realize their gains sooner rather than later. The Dow surrendered 78 points during the session, while the S&P 500 lost grip on the key 1,400 benchmark, sinking 0.7%. A similar day tomorrow will put the Dow back below 13,000, which may spark a sell-off as investors and traders will fear that the recovery that 2012 has boasted is finally screeching to a halt [see also Money Market ETFs In Focus: MINT vs. GSY]. Looking to commodities, crude oil suffered another crushing blow as it continues its volatile streak. Ever since the asset topped the triple digit barrier, [...] Click here to read the original article on ETFdb.com. Related Posts: Six Noteworthy ETF Innovations Volatility ETPs: Where Are The Critics Now? August ETF Stats: Keeping The Winning Streak Alive (Just Barely) Six ETFs Up 45% Or More During The Recent Crisis Volatility ETFs: The Real Safe Haven?
Thursday marked the third straight loss for major benchmarks, as it seems more than likely that markets will post a losing week by the time tomorrow comes to an end. Lackluster data as well as some necessary profit taking have been the main culprits of market troubles, as many investors are eager to realize their gains sooner rather than later. The Dow surrendered 78 points during the session, while the S&P 500 lost grip on the key 1,400 benchmark, sinking 0.7%. A similar day tomorrow will put the Dow back below 13,000, which may spark a sell-off as investors and traders will fear that the recovery that 2012 has boasted is finally screeching to a halt [see also Money Market ETFs In Focus: MINT vs. GSY]. Looking to commodities, crude oil suffered another crushing blow as it continues its volatile streak. Ever since the asset topped the triple digit barrier, [...]
Click here to read the original article on ETFdb.com.
Related Posts:
