As we show in the Market Blaster video above, there were few places of refuge in the broad-based sell-off. Banks were slaughtered, with Citigroup down -4.2%, Bank of America whacked -4.5% lower and Goldman Sachs off -3.2%. Big dividend payers in the iShares Dow Jones Select Dividend Index (DVY) ETF were down just shy of 2%, and AT&T showed its defensive stripes, losing just 0.7%.
Gold was the big beneficiary of the stinker of a jobs report, as it may move the Federal Reserve to roll out another round of government-bond buying. The last two times Ben Bernanke and the FOMC launched quantitative easing measures in 2009 and 2010, gold went on massive runs higher.
Source: Forbes
Related Articles:
- A Roadmap To Build Wealth With Dividend Stocks
- The Good, The Bad and The Ugly of Dividend Stocks
- 12 Blue Chip Dividend Stocks For When the Chips Are Down
- Spanning the World For The Best Dividend Stocks
- My Five Top And Bottom Performing Dividend Stocks
Dividend Growth Stocks News
- 3 Ultra-High Yield Dividend Stocks to Buy This May - 24/7 Wall St. - 5/7/2025
- 2 Top Dividend Stocks to Buy in May - Yahoo Finance - 5/7/2025
- Dividend Stocks To Research - May 5th - MarketBeat - 5/7/2025
- 4 Off-the-Radar Stocks That Deliver Massive 8% and Higher Dividends - 24/7 Wall St. - 5/7/2025
- 3 Rallying Dividend Stocks That Still Have Room To Run - Barchart.com - 5/6/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
- Abbott Laboratories (ABT) Dividend Stock Analysis - 4/18/2025
- General Dynamics (GD) Dividend Stock Analysis - 4/11/2025
- Becton, Dickinson and Co. (BDX) Dividend Stock Analysis - 4/4/2025
- Cisco Systems, Inc. (CSCO) Dividend Stock Analysis - 3/28/2025
Gold Miners And Dividend Stock Shine
Posted by D4L | Wednesday, June 13, 2012 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.