Bargain shoppers were hesitant to return on Monday morning even after last week’s broad decline on Wall Street. Major stock indexes kicked off the day on a positive note as election results in Spain over the weekend resonated well with investors, while better-than-expected earnings from construction-juggernaut Caterpillar also helped to inspire optimism. Profit taking pressures remained steady throughout the day as mixed earnings results from last week continued to weigh down on investors’ confidence, although key equity benchmarks managed to claw their way into positive territory as the closing bell rang [see also Free 7 Simple & Cheap All-ETF Portfolios]. Global Market Overview: Stocks Claw Into Green Territory The tech-sector bounced back today as bulls picked up shares of Apple and Google “on sale” following their dismal performance last week. Mixed trading in other corners of the market left major indexes flat; the Nasdaq-focused QQQ led the way higher with a gain of [...] Click here to read the original article on ETFdb.com. Related Posts: March ETF Stats: Another Solid Quarter ETF Insider: Buy On This Dip With Caution Daily ETF Roundup: Housing Soars, Earnings Miss Daily ETF Roundup: Stocks Slide Into Red Friday’s ETF Chart To Watch: Dow Jones Industrial Average ETF (DIA)
Bargain shoppers were hesitant to return on Monday morning even after last week’s broad decline on Wall Street. Major stock indexes kicked off the day on a positive note as election results in Spain over the weekend resonated well with investors, while better-than-expected earnings from construction-juggernaut Caterpillar also helped to inspire optimism. Profit taking pressures remained steady throughout the day as mixed earnings results from last week continued to weigh down on investors’ confidence, although key equity benchmarks managed to claw their way into positive territory as the closing bell rang [see also Free 7 Simple & Cheap All-ETF Portfolios]. Global Market Overview: Stocks Claw Into Green Territory The tech-sector bounced back today as bulls picked up shares of Apple and Google “on sale” following their dismal performance last week. Mixed trading in other corners of the market left major indexes flat; the Nasdaq-focused QQQ led the way higher with a gain of [...]
Click here to read the original article on ETFdb.com.
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