Wall Street was in for another volatile day of trading, as a slew of economic reports and brewing worries over Europe weighed heavily on investors. U.S. jobless claims fell once again last week to 366,000, just shy of the of 360,000 expected. Domestic fourth-quarter productivity fell 2%, while unit labor costs rose 4.5%. In a separate report, consumer credit for the month of December expanded by $14.6 billion, coming in significantly higher than the $13 billion expected increase. Meanwhile, investors kept their focus on the ECB’s press conference, as President Mario Draghi’s commentary renewed economic fears over the region [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Stocks End Lower After Volatile Session After yet another volatile session, all three major U.S. equity indexes slid into negative territory. The tech-heavy Nasdaq ETF slid 0.33%, though its underlying index logged in a 0.11% loss on the [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Close Flat On Euro Zone Worries Daily ETF Roundup: Stocks Bounce Back Daily ETF Roundup: Stocks Post Worst One-Day Drop In 2013 Daily ETF Roundup: Bulls Return On Encouraging Labor Data Daily ETF Roundup: Stocks Finish Strong Month On Quiet Note
Wall Street was in for another volatile day of trading, as a slew of economic reports and brewing worries over Europe weighed heavily on investors. U.S. jobless claims fell once again last week to 366,000, just shy of the of 360,000 expected. Domestic fourth-quarter productivity fell 2%, while unit labor costs rose 4.5%. In a separate report, consumer credit for the month of December expanded by $14.6 billion, coming in significantly higher than the $13 billion expected increase. Meanwhile, investors kept their focus on the ECB’s press conference, as President Mario Draghi’s commentary renewed economic fears over the region [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Stocks End Lower After Volatile Session After yet another volatile session, all three major U.S. equity indexes slid into negative territory. The tech-heavy Nasdaq ETF slid 0.33%, though its underlying index logged in a 0.11% loss on the [...]
Click here to read the original article on ETFdb.com.
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