Major equity indexes kicked off the week with an encouraging pop at the open following last week’s pullback, although looming uncertainties prevailed as stocks gave up gains as the trading session drew to a close. Given last week’s choppy trading, we anticipate that fiscal cliff woes will likely permeate headlines until a concrete solution (or lack thereof) is agreed upon by the end of the year. Overseas, Greek debt drama remains at the forefront as policymakers struggle to hammer out a deal, although many are anticipating that some sort of agreement will be reached in the coming days to avert an outright default [see also ETF Insider: Fiscal Cliff Woes Set Volatile Tone]. Global Market Overview: Flat Close On Fiscal Cliff Woes The Nasdaq led the way lower as shares of Apple opened the day in green territory only to succumb to profit taking pressures and tally another session in red. The Dow [...] Click here to read the original article on ETFdb.com. Related Posts: The Most Successful ETFs Of All-Time ETF Insider: Markets At Fed’s Mercy All Better Now? Many ETFs Climb Back Near Pre-Recession Levels ETF Daily Roundup: Markets Rally Prior To Election Results Daily ETF Roundup: Housing Soars, Earnings Miss
Major equity indexes kicked off the week with an encouraging pop at the open following last week’s pullback, although looming uncertainties prevailed as stocks gave up gains as the trading session drew to a close. Given last week’s choppy trading, we anticipate that fiscal cliff woes will likely permeate headlines until a concrete solution (or lack thereof) is agreed upon by the end of the year. Overseas, Greek debt drama remains at the forefront as policymakers struggle to hammer out a deal, although many are anticipating that some sort of agreement will be reached in the coming days to avert an outright default [see also ETF Insider: Fiscal Cliff Woes Set Volatile Tone]. Global Market Overview: Flat Close On Fiscal Cliff Woes The Nasdaq led the way lower as shares of Apple opened the day in green territory only to succumb to profit taking pressures and tally another session in red. The Dow [...]
Click here to read the original article on ETFdb.com.
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