U.S. equity markets rallied to kick off the week following encouraging election news out of Italy over the weekend along with upbeat results from Caterpillar , which hinted at an uptick in output from China. Corporate earnings will remain at the center of attention this week as more industry bellwethers step up to the plate, including reports from Apple and AT&T after the closing bell today[Download 101 ETF Lessons Every Financial Advisor Should Learn]. Diversified industrial behemoth DuPont is slated to report earnings later today, which brings our spotlight onto the Materials Select Sector SPDR , as it allocates over 9% of its total assets to the company. Analysts are expecting for the firm to report earnings of $1.55 per share, compared to a year ago when DD reported earnings of $1.52 per share [try Free ETF Stock Exposure Tool]. Chart Analysis XLB is currently trading in a sweet spot from a technical perspective; notice [...] Click here to read the original article on ETFdb.com. Related Posts: Thursday’s ETF Chart To Watch: Technology Select Sector SPDR (XLK) New SPDRs Debut: Positive Momentum And Low Valuation Thursday’s ETF To Watch: Telecom ETF (VOX) Inside The Simple, Surprisingly Effective Dividend ETF Apple & Verizon Team Up On iPhone: How Will ETFs Respond?
U.S. equity markets rallied to kick off the week following encouraging election news out of Italy over the weekend along with upbeat results from Caterpillar , which hinted at an uptick in output from China. Corporate earnings will remain at the center of attention this week as more industry bellwethers step up to the plate, including reports from Apple and AT&T after the closing bell today[Download 101 ETF Lessons Every Financial Advisor Should Learn]. Diversified industrial behemoth DuPont is slated to report earnings later today, which brings our spotlight onto the Materials Select Sector SPDR , as it allocates over 9% of its total assets to the company. Analysts are expecting for the firm to report earnings of $1.55 per share, compared to a year ago when DD reported earnings of $1.52 per share [try Free ETF Stock Exposure Tool]. Chart Analysis XLB is currently trading in a sweet spot from a technical perspective; notice [...]
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