European debt drama continues to plague the global market, although investors were able to brush aside the cloud of uncertainty yesterday thanks to encouraging data from the home front. ISM nonmanufacturing data came in better-than-expected, helping to inspire bullish pressures as equity indexes snapped their losing streak; this figure came in at 53.7%, inching past the expected 53.5%. Gold and oil drifted sideways amidst the bargain buying wave on Wall Street; futures prices for these commodities settled near $1,620 an ounce and $84 a barrel respectively for the day [see 5 Tips ETF Traders Must Know]. Investors will likely keep their eyes fixated on the home front tomorrow as the latest Fed Beige Book report hits the street. As such, our ETF to watch for the day is the iShares Barclays 20 Year Treasury Bond Fund (TLT) which may experience volatile trading as investors react to the latest economic commentary and [...] Click here to read the original article on ETFdb.com. Related Posts: Hitchhiker’s Guide To The ETF Galaxy ETF Insider: Greek Drama Far From Over ETF Insider: Cautiously Bullish At Home Friday’s ETF Chart To Watch: Barclays 20 Year Treasury Bond Fund (TLT) ETF Insider: Euro Drama Steals Spotlight From Earnings
European debt drama continues to plague the global market, although investors were able to brush aside the cloud of uncertainty yesterday thanks to encouraging data from the home front. ISM nonmanufacturing data came in better-than-expected, helping to inspire bullish pressures as equity indexes snapped their losing streak; this figure came in at 53.7%, inching past the expected 53.5%. Gold and oil drifted sideways amidst the bargain buying wave on Wall Street; futures prices for these commodities settled near $1,620 an ounce and $84 a barrel respectively for the day [see 5 Tips ETF Traders Must Know]. Investors will likely keep their eyes fixated on the home front tomorrow as the latest Fed Beige Book report hits the street. As such, our ETF to watch for the day is the iShares Barclays 20 Year Treasury Bond Fund (TLT) which may experience volatile trading as investors react to the latest economic commentary and [...]
Click here to read the original article on ETFdb.com.
Related Posts:
