Daily ETF Roundup: Stocks End Flat, PEJ Rallies After Starbucks’ Earnings

By: ETFdb
A week of mixed earnings and economic reports had U.S. equities ending flat for the week, though stocks managed to eke out small gains during today’s session. In corporate news, Expedia (EXPE) missed earnings and revenue forecasts, while Zynga (ZNGA) posted a bigger-than-expected third quarter loss. Online retail giant Amazon (AMZN) missed the mark, while Starbucks (SBUX) beat analyst forecasts. Meanwhile in economic news, Thomson-Reuters and University of Michigan’s consumer-sentiment index unexpectedly rose [see The Cheapest ETF for Every Investment Objective]. Global Market Overview: Stocks End Flat, PEJ Rallies After Starbucks’ Earnings After a week of mixed earnings and economic reports, all three major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF closed 0.03% higher, after its underlying index plunged nearly 150 points at its session low. The tech-heavy Nasdaq ETF rose 0.52%, while the S&P 500 ETF gained 0.11%. In Europe, markets were broadly lower; the Stoxx Europe 600 slipped 0.2%. [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: PNQI Pops On Facebook Earnings, XLB Rises On Durable Goods Daily ETF Roundup: XLE Drops As Crude Retreats, IYW Pops On Apple Earnings Daily ETF Roundup: Stocks End Narrowly Mixed; KOL And IYM Pop Daily ETF Roundup: GDX Pops As Gold Surges, IYE Slumps Daily ETF Roundup: Stocks Finish Flat, XLK Tumbles On Microsoft And Google Earnings
A week of mixed earnings and economic reports had U.S. equities ending flat for the week, though stocks managed to eke out small gains during today’s session. In corporate news, Expedia (EXPE) missed earnings and revenue forecasts, while Zynga (ZNGA) posted a bigger-than-expected third quarter loss. Online retail giant Amazon (AMZN) missed the mark, while Starbucks (SBUX) beat analyst forecasts. Meanwhile in economic news, Thomson-Reuters and University of Michigan’s consumer-sentiment index unexpectedly rose [see The Cheapest ETF for Every Investment Objective]. Global Market Overview: Stocks End Flat, PEJ Rallies After Starbucks’ Earnings After a week of mixed earnings and economic reports, all three major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF closed 0.03% higher, after its underlying index plunged nearly 150 points at its session low. The tech-heavy Nasdaq ETF rose 0.52%, while the S&P 500 ETF gained 0.11%. In Europe, markets were broadly lower; the Stoxx Europe 600 slipped 0.2%. [...]

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

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