Daily ETF Roundup: Stocks Slip On Cyprus Worries
Financial markets across the globe got off to a rocky start this week as news on the latest developments in the Cyprus saga hit the streets. The small island nation agreed to impose taxes on bank deposits of more than 100,000 euro in the country’s largest banks. Commentary from the head of Eurogroup reflected investors concerns: Jeroen Dijsselbloem stated that the bailout could serve as a blueprint for dealing with other euro zone bank rescues. Though Dijsselbloem quickly backtracked on his commentary, investors still remained understandably cautious [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Slip On Cyprus Worries Following news concerning the Cyprus saga, all three major U.S. equity indexes fell to close in negative territory. The Dow Jones Industrial Average ETF slipped 0.48%, after its underlying index hit a fresh intraday high earlier in the session. The S&P 500 ETF lost 0.42%, while the tech-heavy Nasdaq ETF [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks End Lower After Volatile Session Daily ETF Roundup: Stocks End Week On High Note Daily ETF Roundup: Stocks Higher After Fed Decision Daily ETF Roundup: Stocks Close Lower on Cyprus Fears Daily ETF Roundup: Dow Snaps Its 10-Day Win Streak
Financial markets across the globe got off to a rocky start this week as news on the latest developments in the Cyprus saga hit the streets. The small island nation agreed to impose taxes on bank deposits of more than 100,000 euro in the country’s largest banks. Commentary from the head of Eurogroup reflected investors concerns: Jeroen Dijsselbloem stated that the bailout could serve as a blueprint for dealing with other euro zone bank rescues. Though Dijsselbloem quickly backtracked on his commentary, investors still remained understandably cautious [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Slip On Cyprus Worries Following news concerning the Cyprus saga, all three major U.S. equity indexes fell to close in negative territory. The Dow Jones Industrial Average ETF slipped 0.48%, after its underlying index hit a fresh intraday high earlier in the session. The S&P 500 ETF lost 0.42%, while the tech-heavy Nasdaq ETF [...]

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

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