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Friday’s ETF Chart To Watch: iShares Russell 3000 (IWV)

By: ETFdb
Stocks drifted sideways on Thursday as investors were glad to see a better-than-expected jobless claims report, but held off from jumping into the market ahead of today’s pivotal unemployment data. Confidence in the recovery improved as Ben Bernanke testified before Congers, while the latest jobless claims report showed that 367,000 people filed for unemployment, versus the expected 370,000, and also better than the previous reading of 379,000. On the home front, the Nasdaq led the way higher, gaining 0.40% on the day, while the Dow Jones Industrial Average lagged behind, shedding 0.09%. Gold soared as investors got on the defensive ahead of today’s unemployment number; futures prices for the precious yellow metal settled near $1,760 an ounce [see Five New Features On ETFdb.com]. Investors will turn their attention to the latest unemployment rate data later today as the opening bell on Wall Street rings. In light of this key economic [...] Click here to read the original article on ETFdb.com. Related Posts: 10 Most Useful New ETFs Of 2011 (For Buy-And-Hold Investors) Direxion Launches Insider Sentiment ETFs Ten New Years’ Resolutions For ETF Investors Ten Commandments Of ETF Investing Vanguard Ups The Ante, Launches Russell ETFs
Stocks drifted sideways on Thursday as investors were glad to see a better-than-expected jobless claims report, but held off from jumping into the market ahead of today’s pivotal unemployment data. Confidence in the recovery improved as Ben Bernanke testified before Congers, while the latest jobless claims report showed that 367,000 people filed for unemployment, versus the expected 370,000, and also better than the previous reading of 379,000. On the home front, the Nasdaq led the way higher, gaining 0.40% on the day, while the Dow Jones Industrial Average lagged behind, shedding 0.09%. Gold soared as investors got on the defensive ahead of today’s unemployment number; futures prices for the precious yellow metal settled near $1,760 an ounce [see Five New Features On ETFdb.com]. Investors will turn their attention to the latest unemployment rate data later today as the opening bell on Wall Street rings. In light of this key economic [...]

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

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