ADVISORY, Sept. 18, 2013 (GLOBE NEWSWIRE) -- Markets moved higher after Summers' announcement on speculation that any new Fed Chairman will be more dovish with respect to economic stimulus. All eyes are on today's FOMC statement.
|TOP INDEX MOVERS LAST 5 TRADING DAYS (+/-)|
|EQUITY INDEXES:||9/11 -9/17|
|NASDAQ EM EUROPE INDEX (NQEMEU)||+3.15%|
|PHLX DEFENSE INDEX (DFX)||+2.80%|
|PHLX HOUSING SECTOR INDEX (HGX)||+2.44%|
|NASDAQ OMX GBL WATER INDEX (GRNWATERL)||+1.97%|
|NASDAQ EMEA INDEX (NQEMEA)||+1.48%|
|Commodity Indexes:||9/11 - 9/17|
|NASDAQ COMMODITY SILVER INDEX ER (NQCISIER)||-5.35%|
|NASDAQ NATURAL GAS INDEX ER (NQCINGER)||+4.37%|
|NASDAQ COMMODITY GOLD INDEX ER (NQCIGCER)||-4.00%|
|NASDAQ COMMODITY PRECIOUS METALS INDEX ER (NQCIPMER)||-3.44%|
|NASDAQ COMMODITY CORN INDEX ER (NQCICER)||-2.67%|
- Precious metal continued to fall with investors anticipating a reduction in the bullion-friendly stimulus. The NASDAQ Commodity Silver Index ER (NQCISIER) and NASDAQ Commodity Gold Index ER (NQCIGCER) fell -5.35% and -4.00%, respectively, week-over-week.
- The NASDAQ EM Europe Index (NQEMEU) advanced by 3.15% over the past five trading days, helped by a rally on Monday on the back of news that Summers is pulling out of the Fed race.
- Natural gas prices have been on the rise as investors are betting that supply data will climb as well as concerns about an increasingly active hurricane season in the Atlantic. The NASDAQ Commodity Natural Gas Index ER (NQCINGER) climbed 4.37% over the past five trading days.
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