Emerging-market stocks rose for a fourth day as OAO Gazprom followed oil higher while investors awaited the outcome of a U.S. budget standoff. Brazil’s real capped the biggest weekly advance among major currencies.
February 8, 2013 - In investing, every silver lining has a cloud. Almost all good news can be spun as bad news, and vice versa. The economy’s booming? Watch out for inflation and higher interest rates. The market crashed? What a buying opportunity!
Income-starved investors have been showing plenty of love lately for exchange-traded funds that focus on U.S. dividend stocks. According to Bloomberg data, three of the 10 exchange-traded funds (ETFs) with the strongest 2011 inflows--a combined $8.7 billion--focus on U.S. dividend stocks. With an average yield of 2.8 percent, it’s easy to see the attraction. A 10-year Treasury yields 2.0 percent these days.
Emerging-market stocks fell for a third day as power producers led declines in Brazilian equities and markets in China, South Korea and Poland retreated. Russian shares advanced on their first day of 2013 trading.
Technology companies led Chinese stock traded in New York lower on concern retail and industrial output data due this week may provide further proof that the world’s second-largest economy is growing at a slower pace.