Three ETFs To Watch This Week: UUP, EWZ, BDH
The last week of October turned out to be a trick rather than a treat for investors, as the Federal Reserve’s upcoming policy meeting weighed on the markets. This ongoing debate over the merits of the program has left many traders unsure how the economy would cope with a smaller QE program, and also how the dollar would deal with another massive round of stimulus. Nevertheless, stocks managed to finish mixed thanks to moderating unemployment levels and a reasonably solid level of GDP growth which helped to soothe market fears to end out the month. A few solid earnings reports also helped to boost markets, especially from ExxonMobil; the oil giant managed to grow its net income by over 55% when compared to the previous year’s period. However, not all the major components managed to please the markets; 3M, which handily beat estimates, managed to sink more than 6.5% after [...] Click here to read the original article on ETFdb.com. Related Stories: Three ETFs To Watch This Week: XLF, UUP, VIS Three ETFs To Watch This Week: IYG, PPH, ITA Three ETFs To Watch This Week: UUP, DBA, IGV
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