Friday’s ETF Chart To Watch: State Street SPDR S&P Retail ETF

By: ETFdb
Equity markets fluctuated between positive and negative territory on Thursday as investors’ sentiment swayed. On the home front, the U.S. economic recovery continues to slowly, but surely, progress as new claims for unemployment benefits dropped to the lowest level since April of 2011, suggesting that the labor market condition are indeed improving. Tensions remains high in the Euro zone as investors are still unsure of the ECB’s ability to ensure stability in the region. However, confidence did improve after Standard & Poor’s reiterated France’s AAA credit rating and even went onto affirm the nation’s stable economic outlook. Gold plunged early in the morning, although the precious metal did regain quite a bit of ground throughout the trading session, closing around $1,765 for the day. The University of Michigan consumer confidence report is slated to come out later today and analysts are expecting for the figure to come in at 61.5, [...] Click here to read the original article on ETFdb.com. Related Posts: Surprising ETF Standouts Of 2011 Friday’s ETF Chart To Watch: SPDR S&P Retail ETF (XRT) ETF Insider: Can Earnings Trump Euro Drama? Friday’s ETF To Watch: SPDR S&P Retail ETF (XRT) ETF Insider: Does Gold Still Glitter?
Equity markets fluctuated between positive and negative territory on Thursday as investors’ sentiment swayed. On the home front, the U.S. economic recovery continues to slowly, but surely, progress as new claims for unemployment benefits dropped to the lowest level since April of 2011, suggesting that the labor market condition are indeed improving. Tensions remains high in the Euro zone as investors are still unsure of the ECB’s ability to ensure stability in the region. However, confidence did improve after Standard & Poor’s reiterated France’s AAA credit rating and even went onto affirm the nation’s stable economic outlook. Gold plunged early in the morning, although the precious metal did regain quite a bit of ground throughout the trading session, closing around $1,765 for the day. The University of Michigan consumer confidence report is slated to come out later today and analysts are expecting for the figure to come in at 61.5, [...]

Click here to read the original article on ETFdb.com.

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