Daily ETF Roundup: Stocks Rally Ahead of Obama’s State of the Union

By: ETFdb
Bulls finally came off the sidelines today, pushing both the Dow and S&P 500 to five-year highs in yet another choppy trading session. On the economic front, the National Federation of Independent Business’s small-business optimism index rose less than expected for the month of January, while the number of U.S. job openings came in lower from a month earlier. Meanwhile, investors kept their focus on tonight’s State of the Union address, where many will be listening closely for any indication from President Obama on the direction in the sequestration spending talks [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Stocks Rally Ahead of Obama’s State of the Union Ahead of Obama’s State of the Union address only two major U.S. equity indexes closed in positive territory. The tech-heavy Nasdaq ETF logged a 0.41% loss, dragged down by Apple (AAPL) and tech shares. The Dow Jones Industrial Average [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Dragged By Energy In Lackluster Session Daily ETF Roundup: Stocks End Lower After Volatile Session Daily ETF Roundup: Stocks Close Flat On Euro Zone Worries Daily ETF Roundup: Stocks Bounce Back Daily ETF Roundup: Stocks Post Worst One-Day Drop In 2013
Bulls finally came off the sidelines today, pushing both the Dow and S&P 500 to five-year highs in yet another choppy trading session. On the economic front, the National Federation of Independent Business’s small-business optimism index rose less than expected for the month of January, while the number of U.S. job openings came in lower from a month earlier. Meanwhile, investors kept their focus on tonight’s State of the Union address, where many will be listening closely for any indication from President Obama on the direction in the sequestration spending talks [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Stocks Rally Ahead of Obama’s State of the Union  Ahead of Obama’s State of the Union address only two major U.S. equity indexes closed in positive territory. The tech-heavy Nasdaq ETF logged a 0.41% loss, dragged down by Apple (AAPL) and tech shares. The Dow Jones Industrial Average [...]

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

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