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This Week In ETFs: March 25th Edition
March 25, 2012 at 07:00 AM EDT
Broad equity markets got off to a rocky start this week, but managed to erase their earlier losses with energy stocks successfully overshadowing worse-than-expected U.S. housing data. The Commerce Department announced that housing sales fell for the second consecutive month in February, leading many investors to believe that the housing market is not quite on stable grounds yet. Friday proved to be a bad day for BATS and high frequency traders, as a flash crash in Apple shares and other technological issues forced trading to halt and the BATS’ IPO to be cancelled. Many traders experienced a dejavu from the Dow Jones’ Flash Crash two years ago, which had the index tumbling nearly 1,000 points in minutes. Friday’s glitch had many investors demanding that this market issue be addressed, arguing that these type of events help rattle and undermine market confidence [see also Money Market ETFs In Focus: MINT vs. [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Broad equity markets got off to a rocky start this week, but managed to erase their earlier losses with energy stocks successfully overshadowing worse-than-expected U.S. housing data. The Commerce Department announced that housing sales fell for the second consecutive month in February, leading many investors to believe that the housing market is not quite on stable grounds yet. Friday proved to be a bad day for BATS and high frequency traders, as a flash crash in Apple shares and other technological issues forced trading to halt and the BATS’ IPO to be cancelled. Many traders experienced a dejavu from the Dow Jones’ Flash Crash two years ago, which had the index tumbling nearly 1,000 points in minutes. Friday’s glitch had many investors demanding that this market issue be addressed, arguing that these type of events help rattle and undermine market confidence [see also Money Market ETFs In Focus: MINT vs. [...]
