After barely managing to close in positive territory last week, markets seemingly took a breather today, posting modest losses. Adding to the growing list of concerns about the global economy was Japan’s lackluster GDP report, which came in well below expectations. The debt-ridden Greece on the other hand, reported that its GDP contracted by much less than expected. Today was perhaps a reality check for investors, seeing as how no corporate earnings or no new developments in the Euro Zone crisis could help bolster the markets. Instead, investors have been relying on the manufactured hope of the Fed coming in to take more aggressive steps towards stimulating the economy. But with no news on the central bank taking action anytime soon, markets struggled to stay afloat [see also ETF Insider: Flirting With Resistance Is A Risky Game]. Global Market Overview: Markets On Vacation, Japan Disappoints Tech-heavy Nasdaq was the only [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: VXX Surprisingly Pops, DBA Slips Lower Daily ETF Roundup: DBA Plummets On Commodity Weakness, VXX Surges On Nuclear Fears Daily ETF Roundup: VXX Sinks, DBA Soars Daily ETF Roundup: VXX Soars, DBA Tumbles Daily ETF Roundup: VXX Tumbles, DBA Soars