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Daily ETF Roundup: Markets End Flat After ECB Rumors
After a rather uneventful week, markets once again drifted into oblivion, straddling the flat line for most of the day. With little economic data, no corporate earnings, and a lack of headline-worthy news from Europe, trading volume has been razor-thin during this summer season. Analysts expect these depressed levels to continue for a while until there is some kind of a reversal, which some expect to be a rather big move. Investors will likely continue to play defensively until any developments are made, primarily by the Euro Zone and the Fed, and will have to endure the painstakingly boring summer slump [see also ETF Insider: Set Your Stops And Targets Tight]. Global Market Overview: Markets End Flat After ECB Rumors The Dow Jones Industrial Average (DIA) broke its sixth-straight weekly advance today, as the index gave up a mere 5 points, or less than 0.1%. Meanwhile, the S&P 500 (SPY) [...]
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2012-08-20 18:20:07
Source: http://etfdb.com/2012/daily-etf-roundup-markets-end-flat-after-ecb-rumors/
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