Despite a relatively choppy trading session, the Dow Jones Industrial Average managed to post yet another historic close and logged in the first 9-day win streak since November of 1996. Fueling equities was a better-than-expected report on U.S. retail sales, which jumped 1.1% in February. Retail Sales excluding autos also came in slightly higher than projected. In other economic news, February import prices and business inventories rose more than expected [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Dow Posts First 9-Day Win Streak Since 1996 Following a better-than-expected report on retail sales, all three major U.S. equity indexes managed to eke out a small gain to close in positive territory. The Dow Jones Industrial Average ETF inched 0.04% higher, as its underlying index logged another all time close at 14,455.28. The S&P 500 ETF rose 0.14%, while the tech-heavy Nasdaq ETF slipped 0.13%, though its underlying index settled 0.09% higher. In Europe, markets [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks End Off Lows, Volatility Spikes Daily ETF Roundup: S&P Snaps 7-Day Win Streak Daily ETF Roundup: Stocks Higher Despite Disappointing Chinese Data Daily ETF Roundup: Historic Week Finishes On Upbeat Labor Data Daily ETF Roundup: Dow Closes Above 14,300
Despite a relatively choppy trading session, the Dow Jones Industrial Average managed to post yet another historic close and logged in the first 9-day win streak since November of 1996. Fueling equities was a better-than-expected report on U.S. retail sales, which jumped 1.1% in February. Retail Sales excluding autos also came in slightly higher than projected. In other economic news, February import prices and business inventories rose more than expected [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Dow Posts First 9-Day Win Streak Since 1996 Following a better-than-expected report on retail sales, all three major U.S. equity indexes managed to eke out a small gain to close in positive territory. The Dow Jones Industrial Average ETF inched 0.04% higher, as its underlying index logged another all time close at 14,455.28. The S&P 500 ETF rose 0.14%, while the tech-heavy Nasdaq ETF slipped 0.13%, though its underlying index settled 0.09% higher. In Europe, markets [...]
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