Tag: XLB
Best Performing Sectors This Week
After months of hints and mixed messages, the Fed began to taper this week. The message from Fed Chairman was widely believed to signal the end of the year long stock market rally. But a funny thing happened after the announcement… stocks rallied! In fact, the S&P 500 closed at a new all time high […]
Worst Performing SPDR Sector ETFs This Week – XLI, XLP, XLB
The impact of the Federal government shutdown finally hit Wall Street. The Dow Jones Industrial Average skidded to a 136 point loss yesterday. Investors are worried that the budget stalemate will spill over into the more important act of raising the debt ceiling. Nearly every economist agrees that if the US fails to meet its […]
