October 15, 2010 at 04:00 AM EDT
Friday’s ETF To Watch: Latin America Fund (ILF)
For much of 2010, the energy sector has been in focus, particularly the crude oil corner of the market. As the Deepwater Horizon spill quickly became one of the worst environmental disasters in U.S. history, the Obama administration issued an offshore drilling moratorium, that was only recently revoked. All the while, oil was sitting below $75 per barrel, thanks to weak growth prospects and a currency crisis in Europe that cast a shadow of doubt on the industry as a whole. But as oil prices have begun to climb once again thanks to increased demand from emerging markets and a weak dollar, the oil industry may finally be poised for a triumphant return to strong levels of growth [see also Next Frontier Of ETF Investing: Long/Short Trades]. When most investors think of Big Oil, Exxon Mobil is typically the first that comes to mind–and rightfully so, as it is the third [...] Click here to read the original article on ETFdb.com. Related Stories: Ultimate Guide To Latin America ETFs Van Eck Launches Small Cap Latin America ETF (LATM) More Than Just Brazil; Latin America ETFs Surge Ahead
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here