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Daily ETF Roundup: Stocks End Narrowly Mixed; KOL And IYM Pop

By: ETFdb
U.S. equities finished narrowly mixed in today’s lackluster trading session, following a slew of earnings reports and an underwhelming manufacturing report. According the the Federal Reserve Bank of Richmond, manufacturing activity in the central Atlantic region contracted in July, falling to -11 (an above zero reading indicates expansion). On the corporate front, Travelers (TRV) earnings rose 85%, while UPS (UPS) posted lower profits but met EPS estimates [see The Cheapest ETF for Every Investment Objective]. Global Market Overview: Stocks End Narrowly Mixed, KOL And IYM Pop Following today’s earnings and economic reports, only one major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF rose 0.16%, lifted by strong performances from United Tech and Boeing. The S&P 500 ETF traded 0.21% lower, while the tech-heavy Nasdaq ETF fell 0.74%. In Europe, markets were broadly lower as a disappointing report on U.S. manufacturing outweighed upbeat economic news from France; the Stoxx Europe 600 [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Health Care Stocks Push Indexes To New Highs Daily ETF Roundup: Blue-chips Post Another Record Close Daily ETF Roundup: GDX Pops As Gold Surges, IYE Slumps Daily ETF Roundup: Stocks Finish Flat, XLK Tumbles On Microsoft And Google Earnings Daily ETF Roundup: KBE Pops On Morgan Stanley, XLE Jumps As Oil Tops $108
U.S. equities finished narrowly mixed in today’s lackluster trading session, following a slew of earnings reports and an underwhelming  manufacturing report. According the the Federal Reserve Bank of Richmond, manufacturing activity in the central Atlantic region contracted in July, falling to -11 (an above zero reading indicates expansion). On the corporate front, Travelers (TRV) earnings rose 85%, while UPS (UPS) posted lower profits but met EPS estimates [see The Cheapest ETF for Every Investment Objective]. Global Market Overview: Stocks End Narrowly Mixed, KOL And IYM Pop Following today’s earnings and economic reports, only one major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF rose 0.16%, lifted by strong performances from United Tech and Boeing. The S&P 500 ETF traded 0.21% lower, while the tech-heavy Nasdaq ETF fell 0.74%. In Europe, markets were broadly lower as a disappointing report on U.S. manufacturing outweighed upbeat economic news from France; the Stoxx Europe 600 [...]

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

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