The bull train continues to roll full steam ahead as broad equity indexes managed to finish the trading session in green territory. The Dow Jones Industrial Average extended gains for the 7th consecutive session; the blue chip index gained 0.44% on the day, while the S&P 500 Index came out slightly ahead, tacking on a 0.60% gain. Gold managed to recoup some of the losses from yesterday’s sell-off; futures prices for the precious yellow metal gained 1% on the day, settling near the $1,660 an ounce level [see Three Years Later: Best Performing ETFs Since Markets Bottomed Out]. Economic data releases on the home front gave investors plenty of reasons to cheer on the rally. Jobless claims came in better-than-expected; 351,000 people filed for unemployment benefits versus the previous figure of 365,000. The Empire State and Philly Fed Index also surpassed analyst estimates; these two figures came in at 20.2 and [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Falls Even Further, IYT Jumps On ISM Report Daily ETF Roundup: VXX Slumps On Bailout Hopes, IYT Rises On Crude’s Decline Daily ETF Roundup: VXX Tumbles, IYT Soars Daily ETF Roundup: IYT Tumbles, VXX Rallies Daily ETF Roundup: VXX Jumps, GDX Slumps
The bull train continues to roll full steam ahead as broad equity indexes managed to finish the trading session in green territory. The Dow Jones Industrial Average extended gains for the 7th consecutive session; the blue chip index gained 0.44% on the day, while the S&P 500 Index came out slightly ahead, tacking on a 0.60% gain. Gold managed to recoup some of the losses from yesterday’s sell-off; futures prices for the precious yellow metal gained 1% on the day, settling near the $1,660 an ounce level [see Three Years Later: Best Performing ETFs Since Markets Bottomed Out]. Economic data releases on the home front gave investors plenty of reasons to cheer on the rally. Jobless claims came in better-than-expected; 351,000 people filed for unemployment benefits versus the previous figure of 365,000. The Empire State and Philly Fed Index also surpassed analyst estimates; these two figures came in at 20.2 and [...]
Click here to read the original article on ETFdb.com.
Related Posts:
