Equity markets kicked off the week with a sideways grind as looming corporate earnings and economic data releases later in the week paved the way for choppy trading. Another reason for the fairly uneventful start to the trading week was Ben Bernanke’s speech at the University of Michigan; the Fed Chairman noted that significant inflation is unlikely to arise from the current bond-buying program and went on to to add that raising interest rates prematurely can have a truly devastating impact on the recovery efforts thus far [see Free 7 Simple & Cheap All-ETF Portfolios]. After a sparse front last week, economic data releases will once again make a comeback on Wall Street. Investors will kick off the week with retail sales data, which is expected to come out later today. As such, the ultra-popular State Street SPDR S&P Retail ETF could experience volatile trading on the day as markets digest the latest insights into [...] Click here to read the original article on ETFdb.com. Related Posts: Holiday ETF Portfolio: XRT, KOL, FAA, CUT, COW Thursday’s ETF Chart To Watch: SPDR S&P Retail ETF (XRT) Friday’s ETF Chart To Watch: SPDR S&P Retail ETF (XRT) Wednesday’s ETF Chart To Watch: SPDR S&P Retail ETF (XRT) Retail ETFs In Focus Ahead Of Black Friday
Equity markets kicked off the week with a sideways grind as looming corporate earnings and economic data releases later in the week paved the way for choppy trading. Another reason for the fairly uneventful start to the trading week was Ben Bernanke’s speech at the University of Michigan; the Fed Chairman noted that significant inflation is unlikely to arise from the current bond-buying program and went on to to add that raising interest rates prematurely can have a truly devastating impact on the recovery efforts thus far [see Free 7 Simple & Cheap All-ETF Portfolios]. After a sparse front last week, economic data releases will once again make a comeback on Wall Street. Investors will kick off the week with retail sales data, which is expected to come out later today. As such, the ultra-popular State Street SPDR S&P Retail ETF could experience volatile trading on the day as markets digest the latest insights into [...]
Click here to read the original article on ETFdb.com.
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