The holiday cheer that’s been lifting the markets this month seems to be tapering off, with the Dow Jones Industrial Average taking a pause from its December surge and falling off its multi-month highs on Monday. Equities across the globe tumbled lower as a whole, with markets reacting negatively to China’s decision to increase interest rates over the weekend. Likewise, gold enjoyed a small gain to start the week, with the hot yellow-metal looking to get back on track to its upward trend [see Inflation-Fighting ETFs Back In Focus]. This week investors will have a round of economic indicators to digest before the year comes to a close with a shortened trading day on Friday, including the S&P/Case-Shiller home price index, consumer confidence, and jobless claims. The release of the consumer confidence level today at 10:00 am (ET) later today will be closely watched by investors and traders alike. The [...] Click here to read the original article on ETFdb.com.
TownhallFinance.com makes available to the viewer a variety of independent sources that offer trading and investment advice and related services and products.
TownhallFinance.com does not itself offer, verify, sponsor, or promote, directly or indirectly, any investment or trading advice, or information or any product or service offered by these independent sources.
Every investor or trader should consider all advice and all offerings of products and services on their own merits and for suitability to the individual's personal needs and circumstances. Before using this site, please read our complete Terms of Service by clicking here.
Make TownhallFinance.com your premier source for stock market and financial market information. Individual investors enjoy our worldwide investor seminars and trading seminars. Our investment advisor seminars keep financial advisors up to data with CEUs, and this site provides investors, traders, and advisors with the latest stock market analysis tips, information and research tools. Be sure to be a part of our options day trading tips and picks from professional day traders and various trading, investing and advisor Webcasts and financial podcasts.