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U.S. equity markets posted gains in two of the three indexes last week. The S&P 500 went up 1.43%, the NASDAQ Composite was up 4.41%, and the Dow Jones Industrial Average was down 0.15%.
Last week, the gold spot price rose 6.48% and the U.S. Dollar Index decreased by 0.83%. The Gold Bullion Strategy Fund (QGLDX) rose 5.89% for the week.
February ETF Deathwatch contains 518 zombie ETFs and ETNs.
Yesterday morning, I received a text message from an old colleague. It said, “Twitter should treat ‘economic commentary’ like hate speech.”
Last week, the major U.S. stock market indexes experienced a significant decline. The S&P 500 lost 4.55%, the NASDAQ Composite fell by 4.71%, the Dow Jones Industrial Average dropped 4.44%, and the Russell 2000 lost 8.07%. Mid-cap and small-cap stocks were hit the hardest.
U.S. equity markets posted gains in all three indexes last week.
Last week, the gold spot price was up 0.63% and the U.S. Dollar Index rose 0.05%. The Gold Bullion Strategy Fund (QGLDX) rose 0.75% for the week.