January 04, 2013 at 18:00 PM EST
Daily ETF Roundup: Jobs Report Boosts Markets
The first three trading days of 2013 are officially in the books, and markets have gotten off to quite the start. Though many had been fretting the fiscal cliff situation, Congress managed to come up with a last-minute deal that saved stocks from what would have likely been a harsh sell-off. Though yesterday saw major benchmarks slide sideways, encouraging hiring and jobs data lifted markets for today’s week-ending session [see also 101 ETF Lessons Every Financial Advisor Should Learn]. Global Market Overview: Job Report Boosts Markets Today marked an impressive moment for the SPDR S&P 500 ETF as it was able to gain 0.4% as the S&P had its highest closing point since December of 2007. The Dow Jones ETF followed close behind with gains of 0.3% while the tech-heavy QQQ Fund with losses of 0.3%. QQQ took cues from Apple (AAPL) which suffered a loss of nearly 2.8% for [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Optimism Bolsters Indexes Above Key Support Daily ETF Roundup: Excitement Simmers On Mixed News Daily ETF Roundup: Another Day, Another Sell-Off Daily ETF Roundup: Stocks Sink, Greece Cuts A Deal The Most Successful ETFs Of All-Time
The first three trading days of 2013 are officially in the books, and markets have gotten off to quite the start. Though many had been fretting the fiscal cliff situation, Congress managed to come up with a last-minute deal that saved stocks from what would have likely been a harsh sell-off. Though yesterday saw major benchmarks slide sideways, encouraging hiring and jobs data lifted markets for today’s week-ending session [see also 101 ETF Lessons Every Financial Advisor Should Learn].  Global Market Overview: Job Report Boosts Markets Today marked an impressive moment for the SPDR S&P 500 ETF as it was able to gain 0.4% as the S&P had its highest closing point since December of 2007. The Dow Jones ETF followed close behind with gains of 0.3% while the tech-heavy QQQ Fund with losses of 0.3%. QQQ took cues from Apple (AAPL) which suffered a loss of nearly 2.8% for [...]

Click here to read the original article on ETFdb.com.

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