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Daily ETF Roundup: Earnings Jitters Set In
October 08, 2012 at 17:58 PM EDT
Following last week’s positive performance on Wall Street, investors returned this Monday with profit taking on their mind. Selling pressures kicked in right from the opening bell as looming uncertainty in Europe resurfaced over the weekend, bringing debt woes back into the headlines. To top it off, the World Bank warned of a slowdown in Asia as the region’s powerhouse, China, continues to face a slowdown in economic growth. Quarterly corporate performance results will come into the spotlight this week as Alcoa kicks off earnings season tomorrow after the closing bell [see Free Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Earnings Jitters Set In At home, shares of Apple encountered heavy selling pressures, dragging down the tech-heavy QQQ 0.91% on the day. Blue chip names held their ground best amid the profit taking, helping DIA turn in the best performance, although the ETF was still down 0.23% for the [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Following last week’s positive performance on Wall Street, investors returned this Monday with profit taking on their mind. Selling pressures kicked in right from the opening bell as looming uncertainty in Europe resurfaced over the weekend, bringing debt woes back into the headlines. To top it off, the World Bank warned of a slowdown in Asia as the region’s powerhouse, China, continues to face a slowdown in economic growth. Quarterly corporate performance results will come into the spotlight this week as Alcoa kicks off earnings season tomorrow after the closing bell [see Free Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Earnings Jitters Set In At home, shares of Apple encountered heavy selling pressures, dragging down the tech-heavy QQQ 0.91% on the day. Blue chip names held their ground best amid the profit taking, helping DIA turn in the best performance, although the ETF was still down 0.23% for the [...]
