Stocks popped higher at the open although bullish pressures cooled off as profit-taking swept over Wall Street in the final hours of trading. Better-than-expected retail sales on the homefront kick-started buying in the morning hours, although lackluster economic growth readings from Germany and the eurozone kept a lid on investors’ confidence. Looking ahead, the health of the U.S. housing market will come into focus as the home builders index data come out later today along with July housing starts later in the week [see also 7 Simple & Cheap ETF Model Portfolios]. For the time being, investors will remain focused on home as the latest CPI report hits the street at the opening bell. As such, the iShares Barclays TIPS Bond Fund (TIP, A+) is our ETF to watch as it may gap in either direction following the reaction to the most recent U.S. inflation data; analysts are expecting for the [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: GERJ, EU, TIP Vanguard Plans TIPS ETF, First Trust Files For High Yield Fund 10 Surprising ETF Stats From Mid Year ETF Data Best Of TIPS ETFs: Expenses, Dividends, and Returns 101 ETF Lessons Every Financial Advisor Should Learn
Stocks popped higher at the open although bullish pressures cooled off as profit-taking swept over Wall Street in the final hours of trading. Better-than-expected retail sales on the homefront kick-started buying in the morning hours, although lackluster economic growth readings from Germany and the eurozone kept a lid on investors’ confidence. Looking ahead, the health of the U.S. housing market will come into focus as the home builders index data come out later today along with July housing starts later in the week [see also 7 Simple & Cheap ETF Model Portfolios]. For the time being, investors will remain focused on home as the latest CPI report hits the street at the opening bell. As such, the iShares Barclays TIPS Bond Fund (TIP, A+) is our ETF to watch as it may gap in either direction following the reaction to the most recent U.S. inflation data; analysts are expecting for the [...]
Click here to read the original article on ETFdb.com.
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