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ETF Market Vital Signs, July 21: S&P 500 Takes A Breath

TedTed
in The Bullpen
FYI: Stocks fell and vonds rose. Don’t blame big-picture macro happenings in Greece, China or Washington, DC. No, today it was about fundamentals: International Business Machines (IBM) and United Technologies (UTX) disappointed investors with their quarterly reports and paid the price. Both are members of the venerable Dow Jones Industrial Average, which fell a scary-sounding 181 points, though in reality that’s only a modest 1% (down 2.4% from May’s all-time high).
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/07/21/etf-market-vital-signs-july-21-sp-500-takes-a-breath/tab/print/
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