U.S. equities broke their four-day winning streak today, finishing slightly lower, but still off their lows earlier in the session. Weighing on the markets were a slew of disappointing economic reports, forcing stocks to trade in negative territory for the majority of the day. Retail sales for March fell 0.4%, well below expectations and marking the biggest monthly decline since June. The Thomson Reuters/University of Michigan consumer sentiment report also missed the mark, coming in at 72.3 as compared to last month’s reading of 78.6; analysts were expecting a slight increase [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Snap 4-day Win Streak In Lackluster Session Following today’s disappointing retail and consumer sentiment reports, all two major U.S. equity indexes slipped into negative territory. The Dow Jones Industrial Average ETF gained only 0.1%, as its underlying index finished essentially flat. The S&P 500 ETF slipped 0.24%, while the tech-heavy Nasdaq ETF inched [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Dow Sets Yet Another Record Alternatives To The 20 Most Popular ETFs March ETF Stats: Another Solid Quarter Daily ETF Roundup: Stocks Log In Fresh Closing Highs Daily ETF Roundup: Stocks Close Near Session Highs
U.S. equities broke their four-day winning streak today, finishing slightly lower, but still off their lows earlier in the session. Weighing on the markets were a slew of disappointing economic reports, forcing stocks to trade in negative territory for the majority of the day. Retail sales for March fell 0.4%, well below expectations and marking the biggest monthly decline since June. The Thomson Reuters/University of Michigan consumer sentiment report also missed the mark, coming in at 72.3 as compared to last month’s reading of 78.6; analysts were expecting a slight increase [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Snap 4-day Win Streak In Lackluster Session Following today’s disappointing retail and consumer sentiment reports, all two major U.S. equity indexes slipped into negative territory. The Dow Jones Industrial Average ETF gained only 0.1%, as its underlying index finished essentially flat. The S&P 500 ETF slipped 0.24%, while the tech-heavy Nasdaq ETF inched [...]
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