Equity markets drifted sideways for the most part on Tuesday, managing to post a positive performance as the trading session drew to a close, despite weaker-than-expected economic data. On Wall Street, the Dow Jones Industrial Average took the lead, gaining 0.58% on the day, while Apple’s lackluster pre-earnings performance dragged the Nasdaq down 0.30% on the day. Gold futures finished largely unchanged while crude oil crept higher, settling at $1,640 an ounce and $103.60 a barrel respectively [see Free Report: 7 Simple And Cheap ETF Model Portfolios]. Stocks were surprisingly positive on the day considering the shaky economic data. Consumer confidence came in at 69.2, falling short of the 70 estimate as well as last month’s reading of 69.5. New home sales data for March was also sour; the figure came in at 328,000, beating estimates of 325,000, but falling short of last month’s reading of 353,000. In international news, Australian CPI [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Crashes On Equities’ Surge, VNQ Soars On Thirst For Yield Daily ETF Roundup: VXX Sinks On Flat Market, VNQ Rises On Strength In Home Sales Daily ETF Roundup: VXX Sinks On Economic Data, VNQ Rises On M&A Activity Daily ETF Roundup: VXX Tumbles, VNQ Surges Daily ETF Roundup: VXX Surges, VNQ Tumbles
Equity markets drifted sideways for the most part on Tuesday, managing to post a positive performance as the trading session drew to a close, despite weaker-than-expected economic data. On Wall Street, the Dow Jones Industrial Average took the lead, gaining 0.58% on the day, while Apple’s lackluster pre-earnings performance dragged the Nasdaq down 0.30% on the day. Gold futures finished largely unchanged while crude oil crept higher, settling at $1,640 an ounce and $103.60 a barrel respectively [see Free Report: 7 Simple And Cheap ETF Model Portfolios]. Stocks were surprisingly positive on the day considering the shaky economic data. Consumer confidence came in at 69.2, falling short of the 70 estimate as well as last month’s reading of 69.5. New home sales data for March was also sour; the figure came in at 328,000, beating estimates of 325,000, but falling short of last month’s reading of 353,000. In international news, Australian CPI [...]
Click here to read the original article on ETFdb.com.
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