Major Index ETFs Decline Amid of Greece Jitters Yesterday
Yesterday, Major indexes down on continuing of concerns on Greece as the S&P 500 were decline 0,04% , the Dow Jones Industrial Average were down at 0,13% and the Russell 2000 dropped 0,33%. It followed by the SPDR S&P 500 ETF (NYSEARCA:SPY) were down 0,08%, the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) slashed off 0,19%, the PowerShares QQQ Trust Series 1 ETF (NASDAQ:QQQ) were decline 0,08%, and the iShares Russell 2000 Index ETF (NYSEARCA:IWM) fell sharply 0,42%.
Even though the markets did not ease that hard yesterday, many investors anticipating the results of Greece debt talks as the Greeks have yet to decide on an agreement and have further delayed their meetings until today. If the Greeks do not receive or cannot compromise on certain conditions which mandated by the EU, so Greece will not accept another EU bailout that would boost to a Grecian default, and to recovery of lot of pain for Greece, the Euro, the US, and the entire world.
The slight of downgrade yesterdays it might be a small correction from Friday’s ETF and market highs as the markets break many records on better employment reports and other improved economic data on last week.
Today will be important day as Greece will apparently have a deal in some form, such as: Job Earnings and Consumer credit spending reportsthat will be released in the morning.






