Despite a mixed bag of economic reports, this week saw the S&P 500 hit a new record closing high. The Conference board reported consumer confidence falling to 78.1, while the S&P/Case-Shiller 20-City home-price index rose 13.4% (slightly below the 13.5% expectations). Bolstering equities on Thursday and Friday, sales of new homes were reported to have risen 9.6%, the highest level since July 2008, and the ISM Chicago-area purchasing managers index for February rose, bucking analyst expectations for a decline. Meanwhile, investors paid close attention to Fed Chairwoman Jan Yellen’s testimony before the Senate [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. Below, we highlight seven insightful articles circulating around the financial space this week: Meet the force behind the scenes in the $2.4 trillion ETF Market (Bloomberg) A closer look at market-cap weighted and equal weight S&P 500 ETFs (Dragonfly Capital) The biggest winners on Wall Street: Facebook and Tesla (Wired) What [...] Click here to read the original article on ETFdb.com. Related Posts: 7 Articles ETF Investors Must Read: 5/1 ETF Technical Trading FAQ This ETF’s Fate Hinges On Greek Debt Crisis ETF Scorecard – Feb. 28 Major Asset Class Returns Since the Fed’s Taper Announcement
Despite a mixed bag of economic reports, this week saw the S&P 500 hit a new record closing high. The Conference board reported consumer confidence falling to 78.1, while the S&P/Case-Shiller 20-City home-price index rose 13.4% (slightly below the 13.5% expectations). Bolstering equities on Thursday and Friday, sales of new homes were reported to have risen 9.6%, the highest level since July 2008, and the ISM Chicago-area purchasing managers index for February rose, bucking analyst expectations for a decline. Meanwhile, investors paid close attention to Fed Chairwoman Jan Yellen’s testimony before the Senate [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. Below, we highlight seven insightful articles circulating around the financial space this week: Meet the force behind the scenes in the $2.4 trillion ETF Market (Bloomberg) A closer look at market-cap weighted and equal weight S&P 500 ETFs (Dragonfly Capital) The biggest winners on Wall Street: Facebook and Tesla (Wired) What [...]
Click here to read the original article on ETFdb.com.
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