Wall Street was in for yet another round of lackluster trading sessions last week, as investor concerns over a pullback and looming Fed taper fears weighed heavily on U.S. equities. In economic news, initial jobless claims fell for the week, while the Federal Reserve Bank of New York’s Empire State Manufacturing Survey showed a sharp improvement in labor conditions. Meanwhile bond markets across the globe saw yields skyrocket, pushing 10-year Treasury notes yields to levels not seen since 2011 [see also How To Take Profits And Cut Losses When Trading ETFs]: 1. China Large-Cap ETF Why FXI Will Be In Focus: This ETF measures the Chinese stock market with a large cap spin, making it one of the more popular emerging market funds. Its place in the spotlight will come on Wednesday as China’s HSBC Flash Manufacturing PMI data is released. In the previous recording, manufacturing PMI came in at 7.7 versus the expected [...] Click here to read the original article on ETFdb.com. Related Posts: Free ETF Trading: Comparing All The Options ETF Insider: Market Radar Week of June 29th ETF Insider: Buy On This Dip With Caution 17 ETFs For Day Traders ETF Insider: Will Euro Woes Rain On The Bull’s Parade?
Wall Street was in for yet another round of lackluster trading sessions last week, as investor concerns over a pullback and looming Fed taper fears weighed heavily on U.S. equities. In economic news, initial jobless claims fell for the week, while the Federal Reserve Bank of New York’s Empire State Manufacturing Survey showed a sharp improvement in labor conditions. Meanwhile bond markets across the globe saw yields skyrocket, pushing 10-year Treasury notes yields to levels not seen since 2011 [see also How To Take Profits And Cut Losses When Trading ETFs]: 1. China Large-Cap ETF Why FXI Will Be In Focus: This ETF measures the Chinese stock market with a large cap spin, making it one of the more popular emerging market funds. Its place in the spotlight will come on Wednesday as China’s HSBC Flash Manufacturing PMI data is released. In the previous recording, manufacturing PMI came in at 7.7 versus the expected [...]
Click here to read the original article on ETFdb.com.
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