Wall Street was in for a lackluster yet volatile day of trading, as investors braced themselves ahead of tomorrow’s key monthly government jobs report. On the economic front, data on the labor market came in slightly better than expected; jobless claims came in at 370,000, falling 25,000 from the previous recording. Though the report was rather optimistic, investors remained cautious as fiscal cliff fears continued to dominate the market [see also 101 High Yielding ETFs For Every Dividend Investor]. Global Market Overview: Thin Trading Ahead Of Jobs Report After a thin and choppy day of trading, all three U.S. equity indexes managed to land in positive territory. Led by a strong performance of technology shares, Nasdaq came out on top with its 0.52% gain. The S&P 500 inched 0.33% higher, while the Dow Jones Industrial Average rose 0.30%. In Europe, markets were mostly higher after the European Central Bank kept its leading interest rate unchanged. Asian equities were [...] Click here to read the original article on ETFdb.com. Related Posts: The Ultimate Guide To Screening Energy ETFs Small Cap Indonesia ETF Debuts (IDXJ) Brazil ETF Investing: Five Critical Factors To Consider ETF Tax Tutorial: Complete List Of ETFs That Issue A K-1 Tax Efficiency Report Card
Wall Street was in for a lackluster yet volatile day of trading, as investors braced themselves ahead of tomorrow’s key monthly government jobs report. On the economic front, data on the labor market came in slightly better than expected; jobless claims came in at 370,000, falling 25,000 from the previous recording. Though the report was rather optimistic, investors remained cautious as fiscal cliff fears continued to dominate the market [see also 101 High Yielding ETFs For Every Dividend Investor]. Global Market Overview: Thin Trading Ahead Of Jobs Report After a thin and choppy day of trading, all three U.S. equity indexes managed to land in positive territory. Led by a strong performance of technology shares, Nasdaq came out on top with its 0.52% gain. The S&P 500 inched 0.33% higher, while the Dow Jones Industrial Average rose 0.30%. In Europe, markets were mostly higher after the European Central Bank kept its leading interest rate unchanged. Asian equities were [...]
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