ETFs And Stocks Continue To Fall

By
Devon Layne
November 09, 2012
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Investors remain cautious around U.S. ETFs and stocks, as concern builds over the state of the eurozone and the looming fiscal cliff in the United States, according to an article published by the Wall Street Sector Selector.

In addition, Apple’s lackluster earnings report and an unresolved U.S. budget deficit are adding to investors’ fears. On the bright side, weekly first jobless claims eased and the U.S. traded deficit contracted, the article said.

Here are yesterday's movements of major ETFs outlined by John Nyaradi, contributor and publisher of Wall Street Sector Selector:

  • SPDR S&P 500 ETF (NYSEArca: SPY), down 1.2 percent
  • PowerShares QQQ Trust (NasdaqGM: QQQ), down 1.5 percent
  • iShares Russell 2000 Index Fund (NYSEArca: IWM), down 1.35 percent
  • SPDR Gold Shares (NYSEArca: GLD), up 0.89 percent
  • United States Oil Fund (NYSEArca: USO), up 0.29 percent

 

Visit WallStreetSectorSelector.com to read more.

ETF DAILY DATA

The consumer discretionary fund 'XLY' garnered a $1 billion-plus blast of creation on Tuesday, March 3. Still, a falling market offset net inflows and pulled total U.S.-listed ETF assets down to $2.092 trillion.

'VCR,' the consumer discretionary fund, paced Vanguard's issuer-leading inflows on Tuesday, March 3, as total U.S.-listed ETF assets ended the day at $2.092 trillion.

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