Equity markets drifted sideways for the most part on Tuesday, managing to post a positive performance as the trading session drew to a close, despite weaker-than-expected economic data. On Wall Street, the Dow Jones Industrial Average took the lead, gaining 0.58% on the day, while Apple’s lackluster pre-earnings performance dragged the Nasdaq down 0.30% on the day. Gold futures finished largely unchanged while crude oil crept higher, settling at $1,640 an ounce and $103.60 a barrel respectively [see Free Report: 7 Simple And Cheap ETF Model Portfolios].
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Equity markets started off the week on a shaky note as investors digested a plateful of mixed earnings and economic data. Major indexes were able to regain most of the lost ground from the morning sell-off by the time the trading session drew to a close. On Wall Street, the Dow Jones Industrial Average came out on [...]
Stocks are off to a shaky start this week as investors digested discouraging economic growth expectations from China. The Asian behemoth cut its growth goal down to 7.5%, previously at 8%, which inevitably caused concerns that spilled over onto Wall Street. The Nasdaq led the way lower, shedding 0.86% on the day, while the Dow Jones Industrial [...]
After a tumultuous 2011 many investors are still finding their footing in the markets as confidence in the global economic recovery remains battered down. Despite persistent volatility in financial markets coupled with a looming debt crisis in Europe, the U.S. economy has demonstrated tremendous resilience; investors on the home front have digested platefuls of better-than-expected [...]
After a record-setting October gave investors hope that 2011 would finish on a strong note, the first couple weeks of November have effectively taken any wind out of those sails. The culprit–surprise, surprise–has been the cash-strapped PIIGS economies of Europe, with Italy now grabbing the spotlight as a serious credit risk and a grave threat [...]
Adam Patti is the Chief Executive Officer and Founder of IndexIQ, a New York-based ETF issuer behind several of the most innovative ETF products to hit the market in recent years including several hedge fund replication ETFs. A few weeks ago, we spoke with Adam Patti to get his thoughts on the current real estate market, [...]
With a weak consumer economy and a lack of job creation, concerns are once again beginning to return to the housing industry. For the 10 City Case-Shiller index, prices are down year-over-year in non seasonally adjusted terms for the most recent reading, leading to a dreaded double dip for many markets around the country. However, [...]
Tuesday was yet another roller coaster ride for markets as equities rose modestly to start the day, fell immediately following the FOMC statement, only to surge higher to close out the volatile session with multi-percentage point gains. The Dow finished the day higher by 430 points, a nearly 4% gain, while the S&P 500 and [...]
IndexIQ, the issuer perhaps best known for its hedge fund replication ETFs, rolled out the latest addition to its growing suite of small cap lineup today: the IQ U.S. Real Estate Small Cap ETF (ROOF). The new product will be the first to offer exposure exclusively to small cap U.S. REITs, seeking to replicate the [...]
U.S. equity markets kicked off the week on a mixed note as a few companies gave their earnings reports and other traders focused in on the dynamic commodity market for guidance. The Dow and the S&P 500 both finished the day down by 0.2% while the tech-heavy Nasdaq managed to gain on the session, posting [...]
U.S. equity markets rose broadly in Friday trading as strong economic data helped to boost equities across the board. The Dow rose by 57 points in the session while the S&P 500 and the Nasdaq rose more modestly gaining 0.4% and 0.2%, respectively. These gains came largely thanks to dovish Fed comments that suggested that [...]
