The Traderszone Network

Published in TZ Latest News 22 July, 2014 by The TZ Newswire Staff

Correction Extends for Equal-Weight S&P 500 ETF

The July funk continues for stocks. After good gains on Friday, some selling pressure hit on Monday and the major index ETFs closed modestly lower. The Russell 2000 iShares fell .40% and the Nasdaq 100 ETF lost just .12% on the day. Eight of the nine sectors were down. The consumer discretionary sector led the way lower with a .46% loss. The energy sector gained as oil moved higher on global…