Conspiracy: Jobless Equals QE3
May 05, 2011 at 12:06 PM EDT
The markets are wild today on the back of comments from the ECB and Jobless Claims that shot higher to 474,000. The SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA) are trading lower while the PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) are higher. The Jobless Claims numbers have skyrocketed over the last [...]
