Today left investors with little information to chew on going into the weekend. The past week has been dominated by European woes as well as speculation over the US. The Congress “Super Committee” has until Wednesday to pass and important budget deficit plan that will aim to trim $1.2 trillion. So far, it would seem that negotiations have gone nowhere and will likely go down to the wire. The last time negotiations nearly ran out of time equities saw harsh losses on multiple days as we endured one of the most volatile months in recent memory. Next week will feature a heavy focus on these important delegations despite the upcoming Thanksgiving holiday [see also Ten ETFs No One Is Thankful For]. Markets finished relatively flat on the day. The Dow jumped by 25 points while the S&P lost just 0.04%. The NASDAQ did not fare quite as well as that index saw losses [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Surges On European Uncertainty, DBB Falls On Chinese Demand Concerns Daily ETF Roundup: VXX Jumps On More European Woes, DBB Sinks On Demand Fears Daily ETF Roundup: VXX Tumbles On Market Optimism, DBB Rises On Chinese Data Daily ETF Roundup: VXX Falls On Rising Market, DBB Jumps On Copper’s Advance Daily ETF Roundup: DBB Rises On Copper’s Strength, VXX Falls On Market’s Rebound
Today left investors with little information to chew on going into the weekend. The past week has been dominated by European woes as well as speculation over the US. The Congress “Super Committee” has until Wednesday to pass and important budget deficit plan that will aim to trim $1.2 trillion. So far, it would seem that negotiations have gone nowhere and will likely go down to the wire. The last time negotiations nearly ran out of time equities saw harsh losses on multiple days as we endured one of the most volatile months in recent memory. Next week will feature a heavy focus on these important delegations despite the upcoming Thanksgiving holiday [see also Ten ETFs No One Is Thankful For]. Markets finished relatively flat on the day. The Dow jumped by 25 points while the S&P lost just 0.04%. The NASDAQ did not fare quite as well as that index saw losses [...]
Click here to read the original article on ETFdb.com.
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