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Daily ETF Roundup: Markets Come Down, PBW And IYZ Rise

By: ETFdb
U.S. equities took a step back from the recent euphoric highs for a slow day on the market following less than amazing earnings reports and economic data. Friday’s weaker than expected jobs data took it’s toll on investor stamina and have lead to heightened hopes that the Federal Reserve may reconsider withdrawing stimulus this fall. With earnings season drawing to a close, the remaining companies left to report will have to pull in some earth shaking results to drag investors out of their current underwhelmed attitude [see also The Complete Visual History Of SPY]. Global Market Overview: Markets Come Down, PBW and IYZ Rise Following the slow day of trading, only one major U.S. equity index managed to close in positive territory. The tech-heavy Nasdaq ETF rose 0.08% briefly hitting hitting a fresh new 13 year high earlier today. The Dow Jones Industrial Average ETF fell 0.26%, while the S&P 500 ETF finished 0.15% below. In Europe, markets started the [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: XLV Rallies, PBW Pops On Obama’s Energy Plans Alternative Energy ETFs Battle For Inflows: PBW vs. TAN Why Your Auto ETF Is Missing Out On Tesla’s (TSLA) Rally Daily ETF Roundup: GLTR Jumps On Gold Demand, IYZ Soars After CCI Earnings Head-To-Head: Alternative Energy ETF Surprises
U.S. equities took a step back from the recent euphoric highs for a slow day on the market following less than amazing earnings reports and economic data. Friday’s weaker than expected jobs data took it’s toll on investor stamina and have lead to heightened hopes that the Federal Reserve may reconsider withdrawing stimulus this fall. With earnings season drawing to a close, the remaining companies left to report will have to pull in some earth shaking results to drag investors out of their current underwhelmed attitude  [see also The Complete Visual History Of SPY]. Global Market Overview: Markets Come Down, PBW and IYZ Rise Following the slow day of trading, only one major U.S. equity index managed to close in positive territory. The tech-heavy Nasdaq ETF rose 0.08% briefly hitting hitting a fresh new 13 year high earlier today. The Dow Jones Industrial Average ETF fell 0.26%, while the S&P 500 ETF finished 0.15% below. In Europe, markets started the [...]

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

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