Three ETFs To Watch This Week: XLF, UUP, VIS

Despite turbulence late in the week and a poor jobs report, equity markets managed to finish ahead by close to 1.7% in the first full week of October. While equities and bonds might have had a lukewarm trading session, commodity markets soared higher thanks to ongoing supply worries in a variety of important resources as well as continued concerns over the strength of the U.S. dollar. However, arguably the biggest event of the week was the jobs report on Friday which showed that close to 95,000 jobs were lost in the month of September. While generally this would be considered bad news, investors bought up equities in anticipation of the Federal Reserve moving to act at its next policy meeting to attempt to boost the markets and the economy from its current doldrums. With the upcoming Federal Reserve meeting looming, October marches on with earnings reports taking the spotlight along with [...] Click here to read the original article on ETFdb.com. Related Stories: Three ETFs To Watch This Week: RTH, EWU, IAH Three ETFs To Watch This Week: EWZ, SMH, IYG Three ETFs To Watch This Week: XLF, XHB, FXC