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September 01, 2020 10:18am
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Friday’s ETF To Watch: U.S. Industrials ETF (IYJ)

By: ETFdb
As the year rolls on, investors look for indicators to suggest where our economy is headed in the fourth quarter. September brought gains of 7.7%, the best September we have seen since 1939 and has helped to buoy investor spirits despite a lack of solid economic data. As October trading opens, data releases will continue to drive market performance, as all are turning towards these pivotal information releases to decide where the economy will go from here [see also Five Facts Every Investor Should Know About Leveraged ETFs]. Today, another major economic indicator will be released, as the ISM Manufacturing report hits the market. This report assesses the state of U.S. industry by surveying executives on their future expectations, new orders, inventories, employment, and deliveries. Aside from surveying executives of major manufacturing firms, this report also reflects inflation and labor conditions, two import health indicators for the overall market [...] Click here to read the original article on ETFdb.com. Related Stories: Five ETFs To Watch On Black Friday Wednesday’s ETF To Watch: Japanese Equity Fund (ITF) Friday’s ETF To Watch: German ETF (EWG)
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