Equity indexes broadly drifted lower throughout the day, although a last-hour rally on Wall Street helped many benchmarks to end the day in green territory. Investors expressed their concerns over lackluster retail sales data at home coupled with looming debt-deal drama in the currency bloc overseas. On the home front, the Dow Jones Industrial Average proved to be most resilient, gaining 0.03% on the day, while the S&P 500 slipped into negative territory, shedding 0.09% as the trading session drew to a close [see Five Things We Learned At Inside ETFs]. Domestic stocks were fairly shaky on Tuesday as latest U.S. retail sales report showed growth, although the figure missed analyst expectations. Retail sales in January were expected to have grown by 1%, however, the figure came in at 0.4%, which is still an improvement from last month’s flat reading. In international news, England’s CPI came in at 3.6%, showing [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Jumps With Uncertainty, VGK Drops On Greek Woes Daily ETF Roundup: VGK Climbs On Euro Hopes, VXX Sinks As Sentiment Improves Daily ETF Roundup: VXX Feeds On Market Woes, VGK Tanks On Europe Action Daily ETF Roundup: VGK Rises On Euro Stability, VXX Plunges On Improving Confidence Daily ETF Roundup: VGK Soars As Berlusconi Resigns, VXX Tumbles On Market Strenght
Equity indexes broadly drifted lower throughout the day, although a last-hour rally on Wall Street helped many benchmarks to end the day in green territory. Investors expressed their concerns over lackluster retail sales data at home coupled with looming debt-deal drama in the currency bloc overseas. On the home front, the Dow Jones Industrial Average proved to be most resilient, gaining 0.03% on the day, while the S&P 500 slipped into negative territory, shedding 0.09% as the trading session drew to a close [see Five Things We Learned At Inside ETFs]. Domestic stocks were fairly shaky on Tuesday as latest U.S. retail sales report showed growth, although the figure missed analyst expectations. Retail sales in January were expected to have grown by 1%, however, the figure came in at 0.4%, which is still an improvement from last month’s flat reading. In international news, England’s CPI came in at 3.6%, showing [...]
Click here to read the original article on ETFdb.com.
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