The presidential debates are underway and U.S. markets are looking to close out another week in bright green territory. Bullish pressures emerged right from the opening bell today as better-than-expected jobless claims data helped to inspire optimism in anticipation of tomorrow’s monthly employment report. The ECB held rates steady at 0.75% as anticipated, while the latest Fed minutes were well-received as policymakers noted they could manage the risk associated with the latest round of easing [see Free Report: Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Jobs Optimism Bolsters Stocks On Wall Street, the S&P 500 led the way with SPY popping 0.71% on the day, while the Dow Jones Industrial Average (DIA) trailed closely behind, gaining 0.62% as the session ended. European stocks enjoyed an even more bullish day as the ECB affirmed its low-rate policy in an effort to ease the region’s debt burden. Asian markets also rallied higher as global [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Big Ben’s Rally Holds Seven Surprising ETF Performance Comparisons August ETF Stats: Keeping The Winning Streak Alive (Just Barely) December ETF Roundup: $1 Trillion And Counting Friday’s ETF Chart To Watch: Dow Jones Industrial Average ETF (DIA)
The presidential debates are underway and U.S. markets are looking to close out another week in bright green territory. Bullish pressures emerged right from the opening bell today as better-than-expected jobless claims data helped to inspire optimism in anticipation of tomorrow’s monthly employment report. The ECB held rates steady at 0.75% as anticipated, while the latest Fed minutes were well-received as policymakers noted they could manage the risk associated with the latest round of easing [see Free Report: Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Jobs Optimism Bolsters Stocks On Wall Street, the S&P 500 led the way with SPY popping 0.71% on the day, while the Dow Jones Industrial Average (DIA) trailed closely behind, gaining 0.62% as the session ended. European stocks enjoyed an even more bullish day as the ECB affirmed its low-rate policy in an effort to ease the region’s debt burden. Asian markets also rallied higher as global [...]
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