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Daily ETF Roundup: A Slow Cyber Monday

By: ETFdb
Markets enjoyed a strong rally on “Black Friday” as they look to make a run higher for the end of November. But broad indexes had a relatively slow open to the last week of the month, as there was little news to push equities one way or the other. The technology sector was among the strongest performers on the day, as popular stocks like Facebook and Apple surged 8.1% and 3.2% respectively. It was performances like these that allowed for the Nasdaq to be the only major benchmark to turn in a positive day [for more news and analysis subscribe to our free newsletter]. A Slow Cyber Monday Today marked “Cyber Monday”, as it was so cleverly dubbed after the fact that many retailers offer enticing online specials and sales the Monday after Thanksgiving. But other that this pseudo-holiday, there wasn’t a whole lot to talk about. Both the SPDR [...] Click here to read the original article on ETFdb.com. Related Posts: Ten Unexpected Observations On YTD ETF Returns Daily ETF Roundup: VXX Stumbles On Strong Earnings, UNG Skyrockets On Supply Issues Daily ETF Roundup: UNG Soars, XLU Tumbles ETF Insider: Debt Drama Spoils Confidence Daily ETF Roundup: Excitement Simmers On Mixed News
Markets enjoyed a strong rally on “Black Friday” as they look to make a run higher for the end of November. But broad indexes had a relatively slow open to the last week of the month, as there was little news to push equities one way or the other. The technology sector  was among the strongest performers on the day, as popular stocks like Facebook and Apple surged 8.1% and 3.2% respectively. It was performances like these that allowed for the Nasdaq to be the only major benchmark to turn in a positive day [for more news and analysis subscribe to our free newsletter]. A Slow Cyber Monday Today marked “Cyber Monday”, as it was so cleverly dubbed after the fact that many retailers offer enticing online specials and sales the Monday after Thanksgiving. But other that this pseudo-holiday, there wasn’t a whole lot to talk about. Both the SPDR [...]

Click here to read the original article on ETFdb.com.

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