Equity markets got off to a choppy start as major indexes oscillated between minor gains and losses throughout the first trading day of the week. Investor sentiment turned for the worst on Monday as resurfacing Greek debt woes brought the limelight onto the debt burdened currency bloc once again. Stocks tipped to the downside as the U.S. dollar appreciated in the currency markets; the S&P 500 led the way lower with a 0.25% loss on the day, while the Dow Jones Industrial Average proved most resilient, shedding only 0.05% [see also ETF Insider: Bears Are Lurking Around The Corner].
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The tug of war between domestic economic data releases and developments overseas in the debt burdened currency bloc continues. Stocks fluctuated between minor gains and losses on Thursday as investors digested worse-than-expected employment data at home, along with an encouraging debt auction on the other side of the Atlantic. The Nasdaq led the way higher, [...]
2011 was the year of the euro, but most investors are hoping for the opposite to be true this year. Rather than focusing on the issues overseas, investors would like to keep their minds occupied by the slew of encouraging data from recent U.S. reports. But for now, the euro zone remains under the microscope [...]
Equity markets extended losses yet again as Euro zone fears dictated selling pressures on Wednesday. The Nasdaq led the way lower, sinking 1.55% on the day, while the Dow Jones Industrial Average was a bit more resilient, giving up 1.10%. Investors gave into fear as Italy’s borrowing costs surged to a recent all-time high, while [...]
Markets faced a brutal start to the week as the world decided that the recent euro deal was only prolonging the inevitable and not taking a step in the right direction. The Dow sank 162 points while the S&P 500 lost 1.5%, the most of any major index. 10 year bond prices surrendered just over [...]
This week was yet another volatile one as investors weighed in their opinions on the euro zone and how its actions would shape the global economy. Though the EU eventually came through with a deal, not all countries agreed, with the U.K. outright opting out, creating some concern that the deal did not go far enough to [...]
Investors were spooked today by more bad news from Europe as the ECB made an unexpected move. Almost every major asset class took a nosedive on the day as traders feel that Friday’s European summit will not bring the good news that many had been hoping for. The DOW lobbed off nearly 200 points and [...]
UBS, the issuer behind one of the broadest lineups of ETNs available to U.S. investors, continued the aggressive expansion of its product lineup this week with the introduction of two unique offerings. The company rolled out a pair of blunt instruments designed to be used in high level “risk on / risk off” trades, a [...]
Today started off on a rough note, as more troubles in Europe combined with the still unresolved debt crisis that has only a week left in its timetable. Stocks made a climb during midday to nearly break even, but then tumbled to finish out the day. The Dow lobbed off nearly 200 points while the S&P saw [...]
This past week featured volatility that has become all too familiar to investors. The week started off on a strong note as news from the euro-zone seemed to point in a positive direction, only to have the exact opposite reaction on Wednesday. After a shaky guidance from Europe hit home in the middle of the [...]
Stocks got off to a weak start on Thursday but managed to regain some momentum throughout the trading session and close out the day in green territory. Domestic equity indexes were mixed: The Dow Jones Industrial Average led the way higher with a 0.96% gain on the day, while the NASDAQ lagged behind, clinching a [...]
