Daily ETF Roundup: Stocks Hover Near The Flat Line

Investors were in for a lackluster trading session today, as stocks wavered in a narrow range on cautions of continuing fiscal cliff talks. Though no major economic reports were released today, many paid close attention to President Obama’s comments in a television interview today, where he stated that the Republican’s counter offer of $800 billion in revenues through tax reforms and $2.2 trillion in net savings was out of balance. He did, however, express his continuing optimism for the split Congress to come together on a viable solution [see also 101 ETF Lessons Every Financial Advisor Should Learn]. Global Market Overview: Stocks Hover Near The Flat Line After bobbing in and out of negative territory throughout the day, U.S. equities closed in the red once again. Tech-heavy Nasdaq came in at the bottom of the barrel, posting a 0.18% loss. The S&P 500 slid 0.17% while the Dow Jones Industrial Average logged in a 0.11% loss. In Europe, [...] Click here to read the original article on ETFdb.com. Related Posts: 5 Worst ETF Strategies Of The Last 5 Years Australia ETFs: 9 Ways To Play Mid Day Roundup: Stocks Drift Sideways After Bank Downgrades ETFs For China’s Investment Sweethearts Fund Managers Turn Bullish As “Risk Appetite” Increases