Three ETFs To Watch This Week: EWJ, FXB, EWN
August 02, 2010 at 04:23 AM EDT
A third week of earnings saw both good and bad reports but left the markets virtually where they started with the S&P 500 losing just 12 points on the rocky week. Markets stayed flat for much of the week as traders awaited the GDP growth for the United States in the second quarter. When the number was released on Friday it sunk the markets after it was reported that the U.S. grew by just 2.4% in the most recent quarter. However, equities surged in the final hours of trading as a positive consumer confidence number and a robust reading on the Chicago PMI helped to lift markets into the green to finish the month. [see Three ETF Ideas For The Third Quarter]. This week, earnings season continues with a special focus on consumer products and chemical industries which make up the bulk of the most important reports. This first week of [...] Click here to read the original article on ETFdb.com. Related Stories: Three ETFs To Watch This Week: ITA, IXC, EWP Three ETFs To Watch This Week: GDX, TAN, EWO Three ETFs To Watch This Week: PPH, FAA, HHH