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This Week In ETFs: April 22nd Edition
April 22, 2012 at 09:00 AM EDT
After last week’s disappointing trading session, markets strived to make somewhat of a turnaround, with blue chips leading the way after several companies posted better-than-expected quarterly reports. The Dow Jones, S&P 500, and Nasdaq all posted positive gains at Friday’s close, landing the indexes in a good position to record the first weekly gains of Q2. Positive developments in the Euro zone quelled tensions among investors, while robust earnings proved to be a bright spot amidst somewhat dismal U.S. economic reports. Housing starts data came in worse than expected, falling nearly 50,000 short of forecasts. U.S. weekly jobless claims also missed the mark, coming in above the projected 374,000 [see 5 ETFs For The Earnings Bull]. Continuing the somewhat sluggish pace, the ETF industry rolled out only three new funds this week. Markets were introduced to iShare’s new Emerging Markets Corporate Bond Fund, CEMB, the second product offering investors exposure to this [...] Click here to read the original article on ETFdb.com. Related Posts: iShares Set To Launch Emerging Markets Corporate Bond Fund (CEMB)
After last week’s disappointing trading session, markets strived to make somewhat of a turnaround, with blue chips leading the way after several companies posted better-than-expected quarterly reports. The Dow Jones, S&P 500, and Nasdaq all posted positive gains at Friday’s close, landing the indexes in a good position to record the first weekly gains of Q2. Positive developments in the Euro zone quelled tensions among investors, while robust earnings proved to be a bright spot amidst somewhat dismal U.S. economic reports. Housing starts data came in worse than expected, falling nearly 50,000 short of forecasts. U.S. weekly jobless claims also missed the mark, coming in above the projected 374,000 [see 5 ETFs For The Earnings Bull]. Continuing the somewhat sluggish pace, the ETF industry rolled out only three new funds this week. Markets were introduced to iShare’s new Emerging Markets Corporate Bond Fund, CEMB, the second product offering investors exposure to this [...]
