Equity markets turned higher on Thursday as an upbeat housing report helped to restore investors’ confidence and continue the bull-run from earlier in the week. Major equity indexes finished in green territory, with the Dow Jones Industrial Average leading the way, as investors digested better-than-expected pending home sales data; the figure came in at 4.1% versus the previous reading of 0.4%. Amidst the optimism, gold climbed higher as well and futures prices for the precious yellow metal settled around $1,660 an ounce as the trading session drew to a close [see also 5 ETF Experts You Need To Follow On Twitter]. Earnings season will take a backseat in the headlines tomorrow as investors react to the latest U.S. GDP data. As such, our ETF to watch for the day is the ultra-popular State Street SPDR S&P 500 (SPY), which may see an increase in trading volumes depending on which way the numbers sway [...] Click here to read the original article on ETFdb.com. Related Posts: Defensive Equity ETFs For Earnings Season Three Active ETFs Beating The Market ETFs That Should Be Commission Free But Aren’t Thursday’s ETF To Watch: SPDR S&P 500 (SPY) Tax Reform And Dividend ETFs: Cause For Concern?
Equity markets turned higher on Thursday as an upbeat housing report helped to restore investors’ confidence and continue the bull-run from earlier in the week. Major equity indexes finished in green territory, with the Dow Jones Industrial Average leading the way, as investors digested better-than-expected pending home sales data; the figure came in at 4.1% versus the previous reading of 0.4%. Amidst the optimism, gold climbed higher as well and futures prices for the precious yellow metal settled around $1,660 an ounce as the trading session drew to a close [see also 5 ETF Experts You Need To Follow On Twitter]. Earnings season will take a backseat in the headlines tomorrow as investors react to the latest U.S. GDP data. As such, our ETF to watch for the day is the ultra-popular State Street SPDR S&P 500 (SPY), which may see an increase in trading volumes depending on which way the numbers sway [...]
Click here to read the original article on ETFdb.com.
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