Daily ETF Roundup: Stocks Rebound
After suffering through the biggest two-day slump of the year, stocks rebounded on corporate earnings news and some better-than-expected economic reports. Hewlett-Packard (HPQ) reported a quarterly profit that topped analysts’ expectations, while AIG (AIG) announced it swung to a loss, but posted operating profits in certain segments that exceeded expectations. On the economic front, German business confidence increased significantly more than expected for the month of February. Elsewhere, St. Louis Fed President James Bullard emphasized that the central bank’s stimulus plans will remain in place for quite some time yet [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Stocks Rebound Following better-than-expected earnings and economic data, all three major U.S. equity indexes rebounded to close in positive territory today. The S&P 500 ETF logged in a 0.98% gain, though its underlying index snapped its 7-week win streak. The Dow Jones Industrial Average ETF rallied 0.94%, while the [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks End Off Lows, Volatility Spikes Daily ETF Roundup: Stocks End Lower After Fed Minutes Daily ETF Roundup: Stocks Close Higher On More M&A Deals Daily ETF Roundup: Stocks End Mixed, S&P Posts Seventh Weekly Gain Daily ETF Roundup: Stocks Little Changed Despite M&A Activity
After suffering through the biggest two-day slump of the year, stocks rebounded on corporate earnings news and some better-than-expected economic reports. Hewlett-Packard (HPQ) reported a quarterly profit that topped analysts’ expectations, while AIG (AIG) announced it swung to a loss, but posted operating profits in certain segments that exceeded expectations. On the economic front, German business confidence increased significantly more than expected for the month of February. Elsewhere, St. Louis Fed President James Bullard emphasized that the central bank’s stimulus plans will remain in place for quite some time yet [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Stocks Rebound Following better-than-expected earnings and economic data, all three major U.S. equity indexes rebounded to close in positive territory today. The S&P 500 ETF logged in a 0.98% gain, though its underlying index snapped its 7-week win streak. The Dow Jones Industrial Average ETF rallied 0.94%,  while the [...]

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