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Daily ETF Roundup: Stocks Gain Despite Fiscal Cliff Worries

By: ETFdb
Wall Street endured yet another day of fiscal cliff budget negotiations, after ongoing talks between President Obama and Speaker John Boehner have heated up over the last few days. Senate Majority Leader Harry Reid however threw his hat into the commentary, stating that it will be nearly impossible for the split congress to come to a viable solutions by Christmas. He also emphasized his belief that Democrats aren’t going to make an offer on spending cuts for Republicans, which has been the party’s main sticking point. In economic news, wholesale inventories rose more than expected in October, though sales fell. The number of people leaving their jobs rose, while job openings edged up slightly higher last month [see also 101 High Yielding ETFs For Every Dividend Investor]. Global Market Overview: Stocks Gain Despite Fiscal Cliff Worries All three major U.S. equities indexes managed to close in positive territory once again today. Tech-heavy Nasdaq came out on [...] Click here to read the original article on ETFdb.com. Related Posts: Poland Bull Or Bear? ETFs To Play 5 Best (And 5 Worst) ETF Performers Over The Last Year Daily ETF Roundup: Stocks Make Turnaround On Budget Talks Daily ETF Roundup: Fiscal Cliff Concerns Overshadow Positive Data Obama Victory Puts Healthcare ETFs In Focus
Wall Street endured yet another day of fiscal cliff budget negotiations, after ongoing talks between President Obama and Speaker John Boehner have heated up over the last few days. Senate Majority Leader Harry Reid however threw his hat into the commentary, stating that it will be nearly impossible for the split congress to come to a viable solutions by Christmas. He also emphasized his belief that Democrats aren’t going to make an offer on spending cuts for Republicans, which has been the party’s main sticking point. In economic news, wholesale inventories rose more than expected in October, though sales fell. The number of people leaving their jobs rose, while job openings edged up slightly higher last month [see also 101 High Yielding ETFs For Every Dividend Investor]. Global Market Overview: Stocks Gain Despite Fiscal Cliff Worries All three major U.S. equities indexes managed to close in positive territory once again today. Tech-heavy Nasdaq  came out on [...]

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

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