Bullish momentum continued on Wall Street today, with the S&P 500 closing near the 1600 level and the Dow Jones Industrial Average inching towards 15,000. Boosting equities was an encouraging labor report, which showed that initial jobless claims fell more than expected last week, to 346,000, marking the first decline in four weeks. Meanwhile, investors paid close attention to earnings reports; banking giants JPMorgan Chase and Wells Fargo are slated to post their first quarter earnings on Friday [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Log In Fresh Closing Highs Following an upbeat jobless claims report, all three major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF gained 0.45%, as its underlying index advanced for the fourth-consecutive session. The S&P 500 ETF rose 0.33%, while the tech-heavy Nasdaq ETF slipped 0.04% (though its underlying index closed up 0.09%). In Europe, markets were mostly higher; the [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Close Near Session Highs Daily ETF Roundup: Stocks Close Higher As Earnings Season Kicks Off Daily ETF Roundup: Stocks Reverse Losses To Close Higher Daily ETF Roundup: Stocks Drop On Disappointing Labor Data Daily ETF Roundup: Stocks Rebound On Bank of Japan Move
Bullish momentum continued on Wall Street today, with the S&P 500 closing near the 1600 level and the Dow Jones Industrial Average inching towards 15,000. Boosting equities was an encouraging labor report, which showed that initial jobless claims fell more than expected last week, to 346,000, marking the first decline in four weeks. Meanwhile, investors paid close attention to earnings reports; banking giants JPMorgan Chase and Wells Fargo are slated to post their first quarter earnings on Friday [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Log In Fresh Closing Highs Following an upbeat jobless claims report, all three major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF gained 0.45%, as its underlying index advanced for the fourth-consecutive session. The S&P 500 ETF rose 0.33%, while the tech-heavy Nasdaq ETF slipped 0.04% (though its underlying index closed up 0.09%). In Europe, markets were mostly higher; the [...]
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