January 25, 2013 at 18:03 PM EST
Daily ETF Roundup: S&P 500 Tops 1500
After yesterday’s Apple (AAPL) upset, investors sentiment picked up after a round of better-than-expected earnings report. Bullish momentum was back in full force, pushing major indexes to record breaking levels. Consumer products giant Procter & Gamble (PG) reported fiscal second quarter earnings that exceeded analysts’ estimates, while oilfield-services company Halliburton (HAL) reported a 26% fall in earnings, but beat projections. Online streaming and movie rental company Netflix (NFLX) continued its rally after the company posted stellar earnings yesterday. In economic news, sales of new homes in the U.S. fell more than expected in December [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: S&P 500 Tops 1500 Following a batch of better-than expected earnings, all three major U.S. equity indexes rallied into positive territory. The S&P 500 ETF logged in a 0.56%, as its underlying index closed above the psychologically important 1,500 mark and clocked in its longest winning streak [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Wall Street Takes A Hit From Apple Upset Daily ETF Roundup: Stocks Pop On Earnings Euphoria Daily ETF Roundup: Dow Hits Multi-year High Daily ETF Roundup: Stocks Rally On Positive Economic Data Daily ETF Roundup: Stocks Slide Sideways
After yesterday’s Apple (AAPL) upset, investors sentiment picked up after a round of better-than-expected earnings report. Bullish momentum was back in full force, pushing major indexes to record breaking levels. Consumer products giant Procter & Gamble (PG) reported fiscal second quarter earnings that exceeded analysts’ estimates, while oilfield-services company Halliburton (HAL) reported a 26% fall in earnings, but beat projections. Online streaming and movie rental company Netflix (NFLX) continued its rally after the company posted stellar earnings yesterday. In economic news, sales of new homes in the U.S. fell more than expected in December [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: S&P 500 Tops 1500 Following a batch of better-than expected earnings, all three major U.S. equity indexes rallied into positive territory. The S&P 500 ETF logged in a 0.56%, as its underlying index closed above the psychologically important 1,500 mark and clocked in its longest winning streak [...]

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

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