After celebrating the nation’s Independence Day holiday, U.S. investors were feeling less than cheery despite several seemingly positive announcements made today. With several central bankers across the globe scrambling to prop up their nation’s economies, many continue to be understandably left with the notion of a shaky if not faltering global economy. Instead, investors chose to focus on the alarming issue of broad economic weakness and as such, stocks failed to hold their ground: the Dow Jones Industrial Average dropped 0.2%, while the S&P 500 snapped its three-day winning streak with a decline of 0.3% and Nasdaq managed to stay out of red territory, closing essentially unchanged [see also Three ETF Strategies That Worked In Q2 (And Two That Didn't]. On the homefront, U.S. investors seemingly shrugged off better-than-expected jobs data, which reported a drop in weekly jobless claims and an addition of 176,000 jobs by private employers. U.S. service numbers also [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VGK Rises After Eurozone Elections, VXX Turns Lower Daily ETF Roundup: VGK Pops On Greek Deal, VXX Slips Lower Daily ETF Roundup: VXX Jumps On Uncertainty, VGK Drops On Greece Jitters Daily ETF Roundup: VXX Rises With Uncertainty, VGK Slips On Debt Drama Daily ETF Roundup: VXX Jumps With Uncertainty, VGK Drops On Greek Woes
After celebrating the nation’s Independence Day holiday, U.S. investors were feeling less than cheery despite several seemingly positive announcements made today. With several central bankers across the globe scrambling to prop up their nation’s economies, many continue to be understandably left with the notion of a shaky if not faltering global economy. Instead, investors chose to focus on the alarming issue of broad economic weakness and as such, stocks failed to hold their ground: the Dow Jones Industrial Average dropped 0.2%, while the S&P 500 snapped its three-day winning streak with a decline of 0.3% and Nasdaq managed to stay out of red territory, closing essentially unchanged [see also Three ETF Strategies That Worked In Q2 (And Two That Didn't]. On the homefront, U.S. investors seemingly shrugged off better-than-expected jobs data, which reported a drop in weekly jobless claims and an addition of 176,000 jobs by private employers. U.S. service numbers also [...]
Click here to read the original article on ETFdb.com.
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