Selling pressures intensified on Wall Street as major equity indexes tallied another session in red territory after failing to stay above major support levels. The S&P 500 Index sank past support at the 1,375 level as profit-taking pressures persisted through the closing bell after U.S. retail sales data disappointed; the October sales figure contracted by 0.3% while analysts were expecting a 0.1% decrease. On the international front, Israeli airstrikes killed Hamas’ top military commander, sparking a wave of worry that translated into a rally for crude oil futures prices [Download 101 ETF Lessons Every Financial Advisor Should Learn]. While weekly employment data will come into the spotlight at home, markets may also take cues from the latest eurozone GDP report. As such, the Vanguard European ETF is on our radar screen because it may see volatile trading activity at opening bell as investors digest the latest economic growth figures from the debt-burdened currency bloc. Analysts are expecting [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Stocks Await Guidance From Election, Bank Rate Decisions ETF Insider: Buy On This Dip With Caution Ultimate Guide To Vanguard MSCI Europe ETF (VGK) ETF Insider: Be Wary Of A Steeper Correction 5 Gold Metal ETFs For The 2012 Olympics
Selling pressures intensified on Wall Street as major equity indexes tallied another session in red territory after failing to stay above major support levels. The S&P 500 Index sank past support at the 1,375 level as profit-taking pressures persisted through the closing bell after U.S. retail sales data disappointed; the October sales figure contracted by 0.3% while analysts were expecting a 0.1% decrease. On the international front, Israeli airstrikes killed Hamas’ top military commander, sparking a wave of worry that translated into a rally for crude oil futures prices [Download 101 ETF Lessons Every Financial Advisor Should Learn]. While weekly employment data will come into the spotlight at home, markets may also take cues from the latest eurozone GDP report. As such, the Vanguard European ETF is on our radar screen because it may see volatile trading activity at opening bell as investors digest the latest economic growth figures from the debt-burdened currency bloc. Analysts are expecting [...]
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