After a bumpy session last week, stocks on Wall Street stumled out of the gates on Monday morning as more of the same uncertainty weighted on investors’ confidence. Earnings reports at home remain a mixed bag, making way for looming Euro zone debt woes, and ultimately paving the way for profit taking. On the home front, the Nasdaq led the way lower, shedding 1% on the day, while the Dow Jones Industrial Average proved most resilient, shedding just 0.78% on the day [see Free Report: Seven Simple & Cheap ETF Model Portfolios]. With no major economic data releases on the home front today, investors turned their attention to the brewing turmoil in the overseas currency bloc. Levels of uncertainty escalated as fears grew over the possibility of the Netherlands losing its coveted “AAA” credit rating, coupled with anxiety spilling over from the second round of presidential elections in France. Amidst the largely uncertain [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: FXI Soars On China Speculation, VXX Slips 8% Daily ETF Roundup: VXX Surges On Greek Woes, FXI Falls On Negative Chinese Outlook Daily ETF Roundup: FXI Jumps On China Hopes, VXX Sinks After Economic Data Daily ETF Roundup: VXX Tumbles On European Hopes, FXI Rises On Asset Purchase Plan Daily ETF Roundup: VXX Surges On End-Of-Quarter Selling, FXI Collapses On Slowdown Fears
After a bumpy session last week, stocks on Wall Street stumled out of the gates on Monday morning as more of the same uncertainty weighted on investors’ confidence. Earnings reports at home remain a mixed bag, making way for looming Euro zone debt woes, and ultimately paving the way for profit taking. On the home front, the Nasdaq led the way lower, shedding 1% on the day, while the Dow Jones Industrial Average proved most resilient, shedding just 0.78% on the day [see Free Report: Seven Simple & Cheap ETF Model Portfolios]. With no major economic data releases on the home front today, investors turned their attention to the brewing turmoil in the overseas currency bloc. Levels of uncertainty escalated as fears grew over the possibility of the Netherlands losing its coveted “AAA” credit rating, coupled with anxiety spilling over from the second round of presidential elections in France. Amidst the largely uncertain [...]
Click here to read the original article on ETFdb.com.
Related Posts:
