Three ETFs To Watch This Week: FXE, ALUM, SMH
Equity Markets were range bound last week, struggling to make significant moves in either direction. Gold took a big tumble early in the week dropping well below the $1,400 mark as concerns over the health of the global economy subsided. Wall Street also rallied in the middle of the week following a round of positive jobs and non-manufacturing data. Treasuries were flat for the most part as well, with the iShares Barclays 20+ Year Treasury Bond (TLT) finishing the week lower by just 1.8%. Yet, domestic markets took a small hit on Friday following the disappointing unemployment report, which showed a decline in the national unemployment rate– as a result of people giving up on the search for work– as fewer jobs were added than expected. This week, investors will be kept busy with the start of earnings season after the market close on Monday, and a round of economic data [...] Click here to read the original article on ETFdb.com. Related Posts: Global X Launches Aluminum ETF (ALUM) Ten Worst Performing ETFs Of 2010 Three ETFs To Invest Like David Tepper Battle For ETF Market Share: Who’s Gaining Ground, Who’s Falling Behind QE2 Slaughters Long-Term Treasury ETFs
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