December 13, 2012 at 18:00 PM EST
Daily ETF Roundup: S&P Snaps Winning Streak On Fiscal Cliff Fears
Wall Street shifted its focus off the Fed and back onto the grueling fiscal cliff negotiations once again today, pushing stocks down into negative territory. As investors continued to hold their breath, several rather cheery economic reports were greatly overshadowed. Jobless claims fell to 343,000 last week, much lower than expected. The producer price index for November declined by 0.8% from the previous month, bucking economist’s expectations for a marginally smaller decline [see also 101 High Yielding ETFs For Every Dividend Investor]. Global Market Overview: S&P Snaps Winning Streak On Fiscal Cliff Fears All three major U.S. equity indexes ended in negative territory today on continuing fiscal cliff fears. Tech-heavy Nasdaq came in at the bottom of the barrel, losing 0.72% with Apple shares nearing their lowest closing level in nearly a month. The S&P 500 slid 0.63%, while the Dow Jones Industrial Average lost 0.56%. In Europe equities pulled back after their recent stretch of gains as [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: GDX, HHH, IBB 5 Best (And 5 Worst) ETF Performers Over The Last Year Daily ETF Roundup: Slow Budget Talks Spark Volatile Trading ETF Insider: Don’t Try To Catch The Falling Knife Daily ETF Roundup: Another Day, Another Sell-Off
Wall Street shifted its focus off the Fed and back onto the grueling fiscal cliff negotiations once again today, pushing stocks down into negative territory. As investors continued to hold their breath, several rather cheery economic reports were greatly overshadowed. Jobless claims fell to 343,000 last week, much lower than expected. The producer price index for November declined by 0.8% from the previous month, bucking economist’s expectations for a marginally smaller decline [see also 101 High Yielding ETFs For Every Dividend Investor]. Global Market Overview: S&P Snaps Winning Streak On Fiscal Cliff Fears All three major U.S. equity indexes ended in negative territory today on continuing fiscal cliff fears. Tech-heavy Nasdaq  came in at the bottom of the barrel, losing 0.72% with Apple shares nearing their lowest closing level in nearly a month. The S&P 500 slid 0.63%, while the Dow Jones Industrial Average lost 0.56%. In Europe equities pulled back after their recent stretch of gains as [...]

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

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