U.S. equities rallied on Monday, as encouraging news from China and easing concerns over Syria brought bullish momentum back to Wall Street. China reported that its exports rose 7.2% in August from a year prior; the country’s industrial output also rose 10.4% in August from a year earlier. In other market news, the Dow announced that Alcoa, Bank of America, and HP will be removed from the index to make room for Nike, Goldman Sachs, and Visa. In labor news, the number of initial jobless claims fell to the lowest level since 2006 at 292,000. Next week, investors will turn their attention to the Fed’s policy-setting meeting [see The Best (And Worst) Performing ETFs For Every Quarter].
Below, we highlight seven insightful articles circulating around the financial space this week:
- Why the credit market matters to US stocks (Humble Student Of The Markets)
- A closer look at the housing market and the U.S. Home Construction ETF (ITB, A-) (Charts etc)
- 4 Asset classes for every retirement portfolio (Sizemore Insights)
- The bull case for India (Project Syndicate)
- Hank Paulson on the financial crisis (Bloomberg Businessweek)
- A historic valuation of Verizon’s debt offering (Alhambra Investment Partners)
- The new case for commodities (Institutional Investor)
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Disclosure: No positions at time of writing.
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