Daily ETF Roundup: OIH Jumps On Strong Earnings, TAN Soars After Acquisition Deal

By: ETFdb
U.S. equities had somewhat of a relief rally today, following last week’s broad sell-off. Boosting equities were several better-than-expected earnings reports from the energy, materials, and technology sectors. Haliburton (HAL) shares were among the top gainers today after the oil field services company reported earnings that came in well above expectations. Caterpillar (CAT) earnings missed the mark, though the stock gained after the company’s CEO was less pessimistic than expected. Meanwhile, the National Association of Realtors reported that sales of previously owned homes logged in a surprise decline [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Daily ETF Roundup: OIH Jumps On Strong Earnings, TAN Soars After Acquisition Deal Despite today’s weak housing report, all three major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF tacked on 0.12%, as its underlying index squeezed out a small 19.66 point gain. The S&P 500 ETF rose 0.44%, while the tech-heavy [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Close Higher As Earnings Season Kicks Off Daily ETF Roundup: Stocks Little Changed Despite M&A Activity Daily ETF Roundup: Stocks Dragged By Energy In Lackluster Session Daily ETF Roundup: S&P 500 Tops 1500 Daily ETF Roundup: IHF And XLK Slump On Lackluster Earnings
U.S. equities had somewhat of a relief rally today, following last week’s broad sell-off. Boosting equities were several better-than-expected earnings reports from the energy, materials, and technology sectors. Haliburton (HAL) shares were among the top gainers today after the oil field services company reported earnings that came in well above expectations. Caterpillar (CAT) earnings missed the mark, though the stock gained after the company’s CEO was less pessimistic than expected. Meanwhile, the National Association of Realtors reported that sales of previously owned homes logged in a surprise decline [see Free Member Report: How To Pick The Right ETF Every Time]. Global Market Overview: Daily ETF Roundup: OIH Jumps On Strong Earnings, TAN Soars After Acquisition Deal Despite today’s weak housing report, all three major U.S. equity indexes managed to close in positive territory. The Dow Jones Industrial Average ETF tacked on 0.12%, as its underlying index squeezed out a small 19.66 point gain. The S&P 500 ETF rose 0.44%, while the tech-heavy [...]

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

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