March 06, 2013 at 18:05 PM EST
Daily ETF Roundup: Blue-chips Post Another Record Close
Blue-chips rallied once again today, with the Dow Jones Industrial Average posting yet another all-time high, closing at 14,296.24 after briefly crossing over 14,300. Pushing equities higher was a better-than-expected labor report, which showed that private sector employment jumped by 198,000 in February compared to the expected 170,000 uptick. Meanwhile, the Commerce Department reported that factory orders fell 2% in January, citing weak demand for transportation equipment. In a separate report, weekly mortgage applications also came in above expectations, jumping 14.8% last week to its highest level since mid-January [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Blue-chips Post Another Record Close Following several better-than-expected economic reports, only two major U.S. equity indexes managed to close in positive territory today. The Dow Jones Industrial Average ETF logged in a 0.35% gain, as its underlying index rallied to close at a record high of 14,296.24. The S&P 500 ETF rose 0.14%, while the [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Dow Closes At All-time High Daily ETF Roundup: Stocks Shrugg Off Sequester Daily ETF Roundup: Early Morning Rally Sizzles, Stocks Close In Red Daily ETF Roundup: Housing Data Brings Back The Bulls Daily ETF Roundup: Stocks Rebound
Blue-chips rallied once again today, with the Dow Jones Industrial Average posting yet another all-time high, closing at 14,296.24 after briefly crossing over 14,300. Pushing equities higher was a better-than-expected labor report, which showed that private sector employment jumped by 198,000 in February compared to the expected 170,000 uptick. Meanwhile, the Commerce Department reported that factory orders fell 2% in January, citing weak demand for transportation equipment. In a separate report, weekly mortgage applications also came in above expectations, jumping 14.8% last week to its highest level since mid-January [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Blue-chips Post Another Record Close Following several better-than-expected economic reports, only two major U.S. equity indexes managed to close in positive territory today. The Dow Jones Industrial Average ETF logged in a 0.35% gain, as its underlying index rallied to close at a record high of 14,296.24. The S&P 500 ETF rose 0.14%, while the [...]

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

Related Posts:

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here