U.S. equities logged in strong gains last week as investors turned their attention to the beginning of Q2′s earnings season. Aluminum giant Alcoa (AA), JPMorgan Chase (JPM), and Wells Fargo & Co. (WFC) all beat Wall Street expectations. On the macro front, investors paid close attention to dovish comments from Fed Chairman Ben Bernanke and the release of the latest FOMC minutes. Bernanke stated that monetary policy would remain accomodative for the foreseeable future, even if the unemployment rate fell to the central bank’s target rate of 6.5%. This week, investors will once again see many economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see 25 Wild ETF Charts From 1H 2013]: 1. SPDR S&P Retail ETF Why XRT Will Be In Focus: This ETF tracks an index that is comprised of the roughly 100 U.S.-listed, publicly-traded retail companies, a targeted sub-sector of the consumer [...] Click here to read the original article on ETFdb.com. Related Posts: 17 ETFs For Day Traders ETFdb Weekly Watchlist: XRT, FXI, XLI Hinge On Manufacturing And Consumer Data 3 ETFs To Watch This Week: GLD, EWU, XRT 3 Sector Rotation Strategies ETF Investors Must Know ETF Insider: European Tensions On The Horizon
U.S. equities logged in strong gains last week as investors turned their attention to the beginning of Q2′s earnings season. Aluminum giant Alcoa (AA), JPMorgan Chase (JPM), and Wells Fargo & Co. (WFC) all beat Wall Street expectations. On the macro front, investors paid close attention to dovish comments from Fed Chairman Ben Bernanke and the release of the latest FOMC minutes. Bernanke stated that monetary policy would remain accomodative for the foreseeable future, even if the unemployment rate fell to the central bank’s target rate of 6.5%. This week, investors will once again see many economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see 25 Wild ETF Charts From 1H 2013]: 1. SPDR S&P Retail ETF Why XRT Will Be In Focus: This ETF tracks an index that is comprised of the roughly 100 U.S.-listed, publicly-traded retail companies, a targeted sub-sector of the consumer [...]
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