Wall Street was able to close out the week in solid positive territory, although investor worries remain escalated over the uncertainty still plaguing the debt-stricken Euro zone. Waves of optimism and improvements in investor confidence, following a better-than-expected employment report at home, helped stocks climb higher last week. Gold prices remain range-bound although the yellow metal appears to be gaining momentum above the critical $1,600 an ounce level, possibly preparing to rebound higher in the coming days. Earnings season kicks off this week and investors will have platefuls of corporate performance reports to digest, hopefully restoring some confidence back in the U.S. economy. Weekly Outlook The coming week is fairly light with major economic releases on the international front, including inflation data from the Euro zone. At home, investors also have plenty on their plate, including an important consumer confidence report on Friday. Below, we highlight ETFs that may see [...] Click here to read the original article on ETFdb.com. Related Posts: Checking In On Six ETFs Touched By Chaos In Greece Ten Biggest ETF Losers From Recent Selloff Daily ETF Roundup: EPP Plummets, VXX Soars Six ETFs To Watch As Greek Drama Unfolds ETF Insider: The Dust Has Yet To Settle
Wall Street was able to close out the week in solid positive territory, although investor worries remain escalated over the uncertainty still plaguing the debt-stricken Euro zone. Waves of optimism and improvements in investor confidence, following a better-than-expected employment report at home, helped stocks climb higher last week. Gold prices remain range-bound although the yellow metal appears to be gaining momentum above the critical $1,600 an ounce level, possibly preparing to rebound higher in the coming days. Earnings season kicks off this week and investors will have platefuls of corporate performance reports to digest, hopefully restoring some confidence back in the U.S. economy. Weekly Outlook The coming week is fairly light with major economic releases on the international front, including inflation data from the Euro zone. At home, investors also have plenty on their plate, including an important consumer confidence report on Friday. Below, we highlight ETFs that may see [...]
Click here to read the original article on ETFdb.com.
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