Deere Earnings Drive Agribusiness and Industrial ETFs
May 18, 2011 at 09:12 AM EDT
Quarterly earnings Wednesday from Deere (NYSE: DE) were set to influence exchange traded funds that invest in agribusiness and industrial stocks. ETFs such as the $4 billion Market Vectors Agribusiness (NYSEArca: MOO), which holds 8% in Deere, could see weakness after the quarterly report. Deere...