It was another slow week on Wall Street, as markets struggled to pick up any momentum. Mixed economic data from across the globe had stocks straddling the flat line for the majority of the week. Last week’s lackluster GDP reports from Japan and Germany added to the list of growing global economic concerns. And on the homefront, investors welcomed the uptick in U.S. retail sales, but were disappointed with the slowdown in housing starts and manufacturing activity, as well as a rise in weekly jobless claims. Markets did however respond to German Chancellor Angela Merkel comments regarding her commitment to do whatever is necessary to keep the currency bloc together. This week, investors will see a number of economic reports from around the globe, which will hopefully restore some momentum to the markets. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also 3 [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: EWUS, XLI, VXX 17 ETFs For Day Traders ETF Insider: Will Economic Data Derail The Bull Train? ETF Insider: Bulls In Drivers Seat ETF Insider: Weak Dollar Creates Opportunities
It was another slow week on Wall Street, as markets struggled to pick up any momentum. Mixed economic data from across the globe had stocks straddling the flat line for the majority of the week. Last week’s lackluster GDP reports from Japan and Germany added to the list of growing global economic concerns. And on the homefront, investors welcomed the uptick in U.S. retail sales, but were disappointed with the slowdown in housing starts and manufacturing activity, as well as a rise in weekly jobless claims. Markets did however respond to German Chancellor Angela Merkel comments regarding her commitment to do whatever is necessary to keep the currency bloc together. This week, investors will see a number of economic reports from around the globe, which will hopefully restore some momentum to the markets. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also 3 [...]
Click here to read the original article on ETFdb.com.
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