Michael Johnston submits:March has gotten off to a start similar to January, as another strong performance Tuesday has investors hoping the recent run-up will prove more sustainable than mini-rally that started the year. A showdown in the tech sector caught the attention of investors, as Apple filed a patent infringement lawsuit against HTC, the maker of Google-based smartphones. Elsewhere, Ford posted a 43% rise in U.S. light vehicles last month, beating GM in monthly sales for the first time in more than ten years.
The ETFdb 60 Index, a benchmark measuring the performance of asset classes available through ETFs, climbed 4.87 points, or 0.5%, to finish at 1,029.52. The ETFdb 60 is now down just 0.4% on the year, as a recent rally has erased early losses.
Complete Story »