Innovation across the exchange-traded universe has brought forth a host of investment strategies to mainstream investors, allowing for access to previously difficult to reach corners of the global financial market. Aside from the well-know benefits of ETFs, like ease-of-use and transparency, the structure of these investment vehicles holds several, often times overlooked, tax benefits as well. Recent volatility in the markets has likely taken a toll on investors’ portfolio; however, some declines in asset values might have a silver lining, as they present the opportunity for financial advisors and self-directed investors alike to exercise effective tax management and make prudent use of unrealized losses [see 25 Things Every Financial Advisor Should Know About ETFs].
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The ETF industry has grown by leaps and bounds over the last five years and innovation across products has brought forth a multitude of previously inaccessible investment strategies to mainstream investors. Aside from the vast expansion in the exchange-traded product universe, the last five years have been nothing short of a roller coaster ride. Global [...]
Stocks took a dive lower today as investors finally took profits following three consecutive days in bright green territory. The S&P 500 was off by 2%, while the NASDAQ fared a bit worse, down 2.26% on the day. This decline was a bit overdue considering the stellar equity market performance over the past few days [...]
Although stocks rallied in mid-day trading, they couldn’t hang on to the surge and fell back towards breakeven to close out Tuesday’s session. The Dow managed to finish up by 0.1% but the broader indexes were not so lucky as the S&P 500 fell by 0.2% and the Nasdaq sank by 0.9%. Utilities and health care led [...]
Today closed out the shortened trading week on a devastating note, as investors all around the world participated in a massive sell-off. The Dow slipped over 300 points and the S&P 500 tanked 2.7%. What is more surprising, is the fact that gold finished the day relatively flat. Typically, when equities tank, gold see strong [...]
American stocks faced weakness in Thursday trading as all of the major benchmarks slumped into the red on the day. The Dow fell by roughly 1% while the S&P 500 and the Nasdaq sank by more, falling by 1.2% and 1.3%, respectively. Weakness permeated all sectors of the market, but consumer goods managed to do better than [...]
American equity markets fell off a cliff in Thursday trading as worries over a double dip recession dominated the market and sent stocks reeling. The Dow plunged by over 510 points to finish the session lower by 4.3% while the S&P 500 and the Nasdaq fell by 4.8% and 5.1%, respectively. Although losses were broad [...]
U.S. equity markets plunged in Wednesday trading as weak data and more fears over a debt default hit stocks. The Dow plunged by 1.6% while the broader indexes fell by over 2% with the S&P falling by just more than two percent and the Nasdaq sinking by 2.7% on the day, led by large losses [...]
Debt fears continued to hang over Wall Street to start the week as equities fell across the board thanks to a continued stalemate in the talks in Washington D.C. The Dow led the major indexes lower, falling by 70 basis points, while the Nasdaq and the S&P 500 both lost about 0.6% on the day. Losses [...]
American stocks tumbled on the second day of Bernanke’s testimony on Capitol Hill, as hopes for more stimulus faded and debt ceiling talks dominated the headlines. The Dow finished lower by 0.4% while the S&P 500 slumped by 0.7% and the Nasdaq fell even further, dropping by 1.2% on the day. The biggest losses were [...]
American equity markets once again finished the day lower, marking the sixth straight session in the red for U.S. benchmarks. The Dow slumped by 22 points while the S&P and Nasdaq posted heavier losses of, respectively, 0.4% and 1.0% on the session. The biggest losers came in the tech and financial sectors as banks slumped [...]
