Click here to read the original article on ETFdb.com.
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ETF Scorecard – June 6th Edition
June 06, 2014 at 09:00 AM EDT
Major equity indexes inched higher throughout the week amid encouraging data releases at home. Investors cheered on improving ISM data and motor vehicle sales, while the lackluster ADP employment report received little to no attention. Overseas, the ECB stole the headlines yesterday when it finally announced the much-awaited rate cut, dropping its benchmark rate to 0.15% from 0.25% and even moving the deposit rate into negative territory in an effort to spur lending; the move was welcomed as equity markets on both sides of the Atlantic rallied higher throughout the day. To help investors keep up with markets, we present our ETF Scorecard, which takes a step back and looks at how various asset classes across the globe are performing. For most of the return comparisons below, we reference trailing 1-week and trailing 1-month returns; this offers a good insight into the prevailing sentiment in the markets by capturing the performances […] Click here to read the original article on ETFdb.com. Related Posts: ETF Scorecard – May 30th Edition ETF Scorecard – May 16th Edition ETF Scorecard – May 9th Edition ETF Scorecard – May 2nd Edition ETF Scorecard – April 25th Edition
Major equity indexes inched higher throughout the week amid encouraging data releases at home. Investors cheered on improving ISM data and motor vehicle sales, while the lackluster ADP employment report received little to no attention. Overseas, the ECB stole the headlines yesterday when it finally announced the much-awaited rate cut, dropping its benchmark rate to 0.15% from 0.25% and even moving the deposit rate into negative territory in an effort to spur lending; the move was welcomed as equity markets on both sides of the Atlantic rallied higher throughout the day. To help investors keep up with markets, we present our ETF Scorecard, which takes a step back and looks at how various asset classes across the globe are performing. For most of the return comparisons below, we reference trailing 1-week and trailing 1-month returns; this offers a good insight into the prevailing sentiment in the markets by capturing the performances […]
