Daily ETF Roundup: Stocks Grind As Investors Digest
The global rally was put on hold today as weak economic data sent markets lower. As of late, markets have been propped up by the latest slew of central bank plans from around the globe. The new money pumping programs have essentially created a backstop in equity markets, allowing stocks to rally to multi-year highs just several days ago. But with more economic data pointing to a rather gloomy picture of the global market, it is difficult to tell whether or not the central-bank-induced rallies are here to stay or if they are simply a smoke screen. And with the Euro Zone, the U.S., and now Japan in the stimulus policy game, investors remain on edge for how these mega plans will unfold. Global Market Overview: Stocks Grind As Investors Digest After U.S. jobless claims came in higher than expected, U.S. equities pared losses earlier in the day, only to straddle the flat [...] Click here to read the original article on ETFdb.com. Related Posts: Replacements For Disappearing ETFs 17 ETFs For Day Traders Five ETFs For A China Bank Bubble Tuesday’s ETF To Watch: Ultra DJ-UBS Crude Oil (UCO) Pipeline Worries Give Oil ETFs A Boost
The global rally was put on hold today as weak economic data sent markets lower. As of late, markets have been propped up by the latest slew of central bank plans from around the globe. The new money pumping programs have essentially created a backstop in equity markets, allowing stocks to rally to multi-year highs just several days ago. But with more economic data pointing to a rather gloomy picture of the global market, it is difficult to tell whether or not the central-bank-induced rallies are here to stay or if they are simply a smoke screen. And with the Euro Zone, the U.S., and now Japan in the stimulus policy game, investors remain on edge for how these mega plans will unfold.  Global Market Overview: Stocks Grind As Investors Digest   After U.S. jobless claims came in higher than expected, U.S. equities pared losses earlier in the day, only to straddle the flat [...]

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