It was yet another day of lackluster trading on Wall Street, with stocks posting declines once again. With the first week of 2013′s euphoria quickly wearing off, investors braced themselves for the start of the fourth quarter corporate earnings season. Though many are expecting earnings growth, investors believe it will be quite some time before they see stellar double-digit figures that have been seen over the past few years. In economic news, the National Associations of Independent Business’s small-business optimism index rose for December, while U.S. consumers’ overall borrowing expanded more rapidly in November, exceeding economists’ expectations [see also Seven Simple & Cheap ETF Model Portfolios]. Global Market Overview: Stocks End Lower On Earnings Jitters In another rather uneventful day, all three major U.S. equity indexes landed in negative territory once again. The Dow Jones Industrial Average took the biggest dip, sliding 0.41%. The S&P 500 fell 0.32%, while tech-heavy Nasdaq inched 0.23% lower. In Europe, markets were mostly lower after [...] Click here to read the original article on ETFdb.com. Related Posts: May ETFdb Category Kings: Best Performing ETFs 3 ETFs For The End Of The World ETFs For Dividend Surprises In 2012 Daily ETF Roundup: More Budget Talks Spark Choppy Trading Hunt For Yield: How Do All The High Yielding ETFs Stack Up
It was yet another day of lackluster trading on Wall Street, with stocks posting declines once again. With the first week of 2013′s euphoria quickly wearing off, investors braced themselves for the start of the fourth quarter corporate earnings season. Though many are expecting earnings growth, investors believe it will be quite some time before they see stellar double-digit figures that have been seen over the past few years. In economic news, the National Associations of Independent Business’s small-business optimism index rose for December, while U.S. consumers’ overall borrowing expanded more rapidly in November, exceeding economists’ expectations [see also Seven Simple & Cheap ETF Model Portfolios]. Global Market Overview: Stocks End Lower On Earnings Jitters In another rather uneventful day, all three major U.S. equity indexes landed in negative territory once again. The Dow Jones Industrial Average took the biggest dip, sliding 0.41%. The S&P 500 fell 0.32%, while tech-heavy Nasdaq inched 0.23% lower. In Europe, markets were mostly lower after [...]
Click here to read the original article on ETFdb.com.
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