Daily ETF Roundup: XHB Rebounds, VXX Inches Lower

By Stoyan Bojinov:Equity markets opened just below Friday’s close on Monday morning as parliamentary elections in the debt burdened eurozone over the weekend rattled investors’ confidence. On the home front, major indexes oscillated between minor gains and losses for most of the session. The Nasdaq and S&P 500 proved most resilient, gaining 0.05% and 0.04% on the day respectively, while the Dow Jones Industrial Average fared a bit worse, finishing lower by 0.23% as the trading session drew to a close.

By Stoyan Bojinov:Equity markets staged a ferocious rebound today following Monday’s dismal sell-off. Investors brushed aside worse-than-expected economic data on the home front, instead focusing on upbeat commentary from the International Monetary Fund (IMF) as well as a successful Spanish bond auction overseas. On Wall Street, the Nasdaq charged ahead, clinching gains of 1.82% on the day, while the Dow Jones Industrial Average just barely lagged behind, gaining 1.50% as the trading session drew to a close.

By Stoyan Bojinov:Stock markets had a whirlwind of a day as indexes fluctuated between gains and losses amidst the looming Greek debt negotiations, ultimately closing in shallow green territory. On the home front, the Nasdaq charged ahead, gaining 0.41% on the day, while the Dow Jones Industrial Average just barely pulled off a win, settling 0.04% higher on the day.

By Stoyan Bojinov:Equity benchmarks finally snapped their losing streak as investors rejoiced over better-than-expected economic data on the home front. The Nasdaq led the way higher for a second day in a row this week, gaining 0.66% as the session drew to a close, while the Dow Jones Industrial Average lagged behind, inching higher by 0.22% on the day.

By Stoyan Bojinov:Stocks oscillated between minor gains and losses on Wednesday following yesterday’s impressive rally on Wall Street. Domestic equity indexes drifted sideways with a bit of a downward bias for most of the trading session as economic news were sparse. The Dow Jones Industrial Average was able to finish in green territory, clinching a 0.12% gain on the day, while the S&P 500 slipped into negative territory, shedding 0.12% as the closing bell rang.

By Stoyan Bojinov:Equity markets started off the week on a mixed note, soaring higher after the opening bell only to succumb to broad-based profit taking pressures as the trading session drew to a close. On the home front, the Dow Jones Industrial Average led the way higher, gaining 0.12% on the day, although it failed to close above resistance at the key 13,000 mark. The Nasdaq encountered some headwinds throughout the day, ultimately closing in red territory, down 0.11% for the day.

By Stoyan Bojinov:Earnings season is officially underway and U.S. stocks have started off the ceremonies on a fairly strong note. Equity indexes broadly climbed higher as investors rejoiced over better-than-expected earnings results from Alcoa (AA). The Nasdaq led the way higher on the home front, clinching gains of 0.97%, while the Dow Jones Industrial Average lagged behind, gaining 0.56% on the day.

By Stoyan Bojinov:Domestic equity markets staged a solid comeback today following yesterday’s dismal sell-off. Better-than-expected housing market data bolstered markets higher on the second to last trading day of the year; the Dow Jones Industrial Average led the way higher, gaining 1.12% on the day, while the Nasdaq lagged behind, posting a gain of 0.90%. Upbeat economic data on the home front sent gold lower for the third day in a row this week, while crude oil climbed higher alongside equity markets.