Tuesday’s ETF Chart To Watch: Dow Jones U.S. Home Construction Index Fund (ITB)

By: ETFdb
U.S. equity markets will resume regular trading hours later today following their closure yesterday in observance of President’s Day. While investors at home took the day off, European markets sank lower on Monday following speculation that Italy’s election would ultimately be gridlocked and spur uncertainty throughout the currency bloc. Looking ahead, investors will have several housing market reports to digest at home, while overseas German GDP data will likely take center stage at the end of the week [Download 101 ETF Lessons Every Financial Advisor Should Learn]. With the Home Builders’ index slated to hit the Street later today after the opening bell, our spotlight will shift to the iShares Dow Jones U.S. Home Construction Index Fund , which could see an uptick in trading activity. Analyst are expecting a modest improvement in home builders’ confidence, with the index projected to come in at 49 versus last month’s reading of 47 [see also [...] Click here to read the original article on ETFdb.com. Related Posts: 3 Economic Charts Bears Love To Ignore Daily ETF Roundup: Stocks Rally On Positive Economic Data Thursday’s ETF Chart To Watch: Dow Jones U.S. Home Construction Index Fund (ITB) ETF Insider: Bearish Pressures Mounting Favorite ETF Positions For 5 Super Investors
U.S. equity markets will resume regular trading hours later today following their closure yesterday in observance of President’s Day. While investors at home took the day off, European markets sank lower on Monday following speculation that Italy’s election would ultimately be gridlocked and spur uncertainty throughout the currency bloc. Looking ahead, investors will have several housing market reports to digest at home, while overseas German GDP data will likely take center stage at the end of the week [Download 101 ETF Lessons Every Financial Advisor Should Learn]. With the Home Builders’ index slated to hit the Street later today after the opening bell, our spotlight will shift to the iShares Dow Jones U.S. Home Construction Index Fund , which could see an uptick in trading activity. Analyst are expecting a modest improvement in home builders’ confidence, with the index projected to come in at 49 versus last month’s reading of 47 [see also [...]

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

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