Daily ETF Roundup: Stocks Lower On European Concerns

Equities got off to a rough start this morning as ongoing economic and political concerns over Europe kept major U.S. benchmarks off their all-time highs. Keeping a cap on gains was disappointing data from the European Commission, which reported that its economic-sentiment indicator fell in March for the first time since October. In Italy, retail sails and industrial orders both came in below analysts’ expectations. Meanwhile, Cyprus is now preparing aggressive curbs on the flow of cash out of the country [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Stocks Lower On European Concerns As concerns over the political and economic stability of Europe heightened, only one major U.S. equity index managed to close in positive territory. The S&P 500 ETF remained unchanged, as its underlying index finished within striking distance of its highest close since 2007. The Dow Jones Industrial Average ETF slipped 0.22%, while the tech-heavy Nasdaq ETF inched 0.13% higher. In Europe, markets [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Slip On Cyprus Worries Daily ETF Roundup: Stocks End Lower After Volatile Session Daily ETF Roundup: S&P Closes Near All-Time High Daily ETF Roundup: Stocks End Week On High Note Daily ETF Roundup: Stocks Higher After Fed Decision