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This Week In ETFs: November 13th Edition
November 13, 2011 at 10:00 AM EST
Stock markets started out strong this week only to be slammed during Wednesday’s trading session as conflicting news reports from overseas continued to fester European debt crisis fears. Fortunately markets saw a reversal by the end of the week, allowing investors to recover from mid-week losses. The renewed positive outlooks helped fuel triple-digit gains for the Dow Jones Industrial Average and pushed the S&P 500 and Nasdaq Composite up about 2% on Fridsay. More good news was heard this week as reports for consumer sentiment as well as U.S. jobless claims came in better than expected, allowing investors to finally focus on strong corporate earnings that have been continuously overshadowed for much of this year. With the uptick in consumer sentiment and the holiday shopping season right around the corner, investors are keeping a close eye on retail sales as most companies generate a significant portion of their profits and annuals sales in the months [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Stock markets started out strong this week only to be slammed during Wednesday’s trading session as conflicting news reports from overseas continued to fester European debt crisis fears. Fortunately markets saw a reversal by the end of the week, allowing investors to recover from mid-week losses. The renewed positive outlooks helped fuel triple-digit gains for the Dow Jones Industrial Average and pushed the S&P 500 and Nasdaq Composite up about 2% on Fridsay. More good news was heard this week as reports for consumer sentiment as well as U.S. jobless claims came in better than expected, allowing investors to finally focus on strong corporate earnings that have been continuously overshadowed for much of this year. With the uptick in consumer sentiment and the holiday shopping season right around the corner, investors are keeping a close eye on retail sales as most companies generate a significant portion of their profits and annuals sales in the months [...]
