The bulls finally returned to Wall Street on Monday morning following a sour trading trading week dominated by mixed economic and earnings reports. Better-than-expected data at home welcomed buyers right from the opening bell; U.S. retail sales topped expectations while bank bellwether Citigroup managed to beat analyst estimates and rally upwards of 4% on the day [see Free Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Pop After Data Solid retail sales data was enough to spark a rally for all major equity benchmarks; the S&P 500 took the lead while the Nasdaq lagged behind, with SPY and QQQ clinching gains of 0.83% and 0.73% respectively. Overseas, European markets kicked off the week with a win as optimism in anticipation of this week’s Euro zone summit encouraged buying. In Asia, markets broadly settled higher after Chinese CPI data eased inflationary concerns. Bond ETF Roundup U.S. Treasuries [...] Click here to read the original article on ETFdb.com. Related Posts: Wednesday’s ETF Chart To Watch: SPDR Gold Trust (GLD) Third Time’s A Charm? Best ETF Plays For QE3 Thursday’s ETF Chart To Watch: SPDR Gold Trust (GLD) Thursday’s ETF Chart To Watch: SPDR Gold Trust (GLD) Brief History Of ETFs
The bulls finally returned to Wall Street on Monday morning following a sour trading trading week dominated by mixed economic and earnings reports. Better-than-expected data at home welcomed buyers right from the opening bell; U.S. retail sales topped expectations while bank bellwether Citigroup managed to beat analyst estimates and rally upwards of 4% on the day [see Free Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Pop After Data Solid retail sales data was enough to spark a rally for all major equity benchmarks; the S&P 500 took the lead while the Nasdaq lagged behind, with SPY and QQQ clinching gains of 0.83% and 0.73% respectively. Overseas, European markets kicked off the week with a win as optimism in anticipation of this week’s Euro zone summit encouraged buying. In Asia, markets broadly settled higher after Chinese CPI data eased inflationary concerns. Bond ETF Roundup U.S. Treasuries [...]
Click here to read the original article on ETFdb.com.
Related Posts:
