Tuesday’s ETF Chart To Watch: Dow Jones Industrial Average ETF (DIA)

By: ETFdb
Equity markets started off the week on shaky footing as rising yields on Spanish bonds collided with pre-earnings jitters on Wall Street, sending major indexes into red territory. Aluminum giant Alcoa unofficially kicked off earnings season yesterday after the bell; the industrial behemoth posted a loss of $2 million compared with a profit of $322 million one year ago. In international news, China’s CPI slid to 2.2% over the weekend versus the previous reading of 3.0%, adding to the growing cloud of uncertainty looming over the global economic recovery [see also ETF Insider: Earnings Jitters Are Back]. With earnings season under way on the homefront, the State Street Dow Jones Industrial Average ETF (DIA) makes its way onto our radar screen. This ETF could gap in either direction at the opening bell today, depending on the overnight reaction to Alcoa’s disappointing performance results. Later today investors will also digest the latest [...] Click here to read the original article on ETFdb.com. Related Posts: The Most Successful ETFs Of All-Time ETFs: The $10 Billion Club Inside The Simple, Surprisingly Effective Dividend ETF ETF Insider: Bulls Lose Steam ETF Insider: Equities Fall Prey To Bears
Equity markets started off the week on shaky footing as rising yields on Spanish bonds collided with pre-earnings jitters on Wall Street, sending major indexes into red territory. Aluminum giant Alcoa unofficially kicked off earnings season yesterday after the bell; the industrial behemoth posted a loss of $2 million compared with a profit of $322 million one year ago. In international news, China’s CPI slid to 2.2% over the weekend versus the previous reading of 3.0%, adding to the growing cloud of uncertainty looming over the global economic recovery [see also ETF Insider: Earnings Jitters Are Back]. With earnings season under way on the homefront, the State Street Dow Jones Industrial Average ETF (DIA) makes its way onto our radar screen. This ETF could gap in either direction at the opening bell today, depending on the overnight reaction to Alcoa’s disappointing performance results. Later today investors will also digest the latest [...]

Click here to read the original article on ETFdb.com.

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