Stocks tumbled lower out of the gates although buyers were quick to step in and push major indexes into green territory as the trading session drew to a close. Low volumes and back-and-forth trading prevailed as investors digested a mixed plate of economic data releases at home. On the bright side, the Philly Fed index came in at -1.9 versus the expected -4.0; however, weekly jobless claims disappointed after the figure came in at 382,000 versus the expected 375,000 [see Free Report: How To Pick The Right ETF Every Time]. With no major data releases on the homefront today, investors will turn their attention to the north as Canadian CPI comes out beforethe opening bell on Wall Street. As such, our ETF to watch for the day is the iShares MSCI Canada Index Fund (EWC, B), which could stage a volatile reaction to the latest inflation report. Analysts are expecting for Canada’s consumer [...] Click here to read the original article on ETFdb.com. Related Posts: Brief History Of ETFs Canada ETFs: 9 Ways To Play Friday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC) 3 ETFs To Watch This Week: EWA, EWC, RTH ETF Insider: Data Back In Focus As Stimulus Hopes Fade
Stocks tumbled lower out of the gates although buyers were quick to step in and push major indexes into green territory as the trading session drew to a close. Low volumes and back-and-forth trading prevailed as investors digested a mixed plate of economic data releases at home. On the bright side, the Philly Fed index came in at -1.9 versus the expected -4.0; however, weekly jobless claims disappointed after the figure came in at 382,000 versus the expected 375,000 [see Free Report: How To Pick The Right ETF Every Time]. With no major data releases on the homefront today, investors will turn their attention to the north as Canadian CPI comes out beforethe opening bell on Wall Street. As such, our ETF to watch for the day is the iShares MSCI Canada Index Fund (EWC, B), which could stage a volatile reaction to the latest inflation report. Analysts are expecting for Canada’s consumer [...]
Click here to read the original article on ETFdb.com.
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