This past week featured yet another wild ride for equities as a number of factors combined to jolt markets up and down. The euro-zone saw heightened fears of default early in the week, as major indexes abroad lost more than 4% to open trading. Late in the week, one of the top ECB leaders stepped down from his position as he was opposed to the bond-buying program outlined to help dig the indebted currency bloc out of its hole. Meanwhile, in the U.S., President Barack Obama made a speech about the current unemployment rates and how he plans to solve the issue. The president proposed a $447 billion jobs plan to help put Americans back to work, but only time will tell if the legislation will be able to get past a deadlocked Congress [see also Five Equity ETFs With Low Betas For A Rocky Market]. [click to continue…]
Today saw markets start the holiday-shortened week on an extremely rocky note as shares plunged to start the session thanks to European debt woes. The Dow, which at one point in the day was below the 11,000 mark, finished the day down jst 101 points thanks to a late session surge while the S&P 500 [...]
American stocks plunged in Thursday trading as fears over Europe and uncertainty over Bernanke’s speech plagued equities throughout the session. The Dow sank by 1.5% while the S&P 500 slumped by 1.6%, however, losses in the tech-heavy Nasdaq were even worse as that index fell by just under 2% on the day. The biggest losses seemed [...]
ETFdb.com, the independent and authoritative database of exchange-traded products, is excited to announce the introduction of an expanded and improved suite of resources that offers tools for segmenting and analyzing more than 1,300 U.S.-listed ETFs and ETNs. The combination of these new tools with the robust ETF categorization system maintained by ETFdb gives investors a [...]
This past week was yet another unstable mixture of foggy outlooks and volatile equities, pushing double dip fears into the spotlight. Though the beginning of the week saw a nice rebound in equities, a number of analysts are wary a dead cat bounce, a pattern where equities enjoy slight rebounds as they consistently trend downwards. [...]
In what was a complete reversal from our previous three trading sessions, today’s markets saw a pullback as less-than-encouraging data rained in from overseas. Overall, the Dow dipped 76 points while the S&P 500 lost approximately 1%. Meanwhile, oil too saw a reversal from yesterday’s strong gains, as the price of crude dipped to around [...]
Today saw a stable end to a week that was anything but. Despite massive losses on Monday and Wednesday, stocks finished down only 1% on the week. But with a week that exhibited so much volatility, many are anxious to see what the future will hold, as analysts across the board have different theories about [...]
After a week that has seen some of the steepest sell-offs in recent memory, there are plenty of portfolios drenched in red. Before Thursday’s reprieve, a string of negative developments hammered markets around the globe, sending many equities down by double digits in a matter of a few short days. The recent bout of instability [...]
In yet another volatile session, American equity markets plunged to close the trading day as fears over a French sovereign downgrade spooked market participants in Wednesday trading. The Dow fell by over 500 points yet again, wiping out yesterday’s sharp gains to finish the day below the key 11,000 mark and down 4.6%. The broader [...]
Equity markets finished a down week on a mixed note as worries over a global slowdown collided with easing fears over the European situation in what was an extremely rocky session for the Street. The Dow finished up by 0.5% but the broader indexes were not as fortunate as the S&P 500 fell by 0.1% [...]
Investors went along for a downhill ride last week as debt woes plagued Wall Street, sending the S&P 500 lower by nearly 4% for the week. Corporate earnings were mostly surprises to the upside, but equities failed to stage a meaningful comeback since investors were more concerned with the debt ceiling drama at home. As [...]
