Wednesday’s ETF To Watch: iShares MSCI Israel Fund (EIS)
The last few weeks have been incredibly volatile in U.S. markets. Though major indexes have been trending upwards for the majority of 2011, last week saw a major blip in performance as commodities, namely oil and silver, took a nose dive bringing down equities across the board. The major sell off was due to an unexpected jump in jobless claims, as well as a reasonably stronger dollar, which was then followed by an unexpected dip in unemployment, helping to correct markets from their tailspin. This week will have its sights set on the closing days of earnings season as bellwether firms from around the world shed light on their most recent quarter’s performance [see also First Trust Wins Auto ETF Race, Debuts CARZ]. Today, prior to market open, Teva Pharmaceutical Industries (TEVA) will release their quarterly earnings report. Teva is primarily concerned with generic drugs and creating cheaper alternatives to [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: iShares Israel ETF (EIS) Israel ETF (EIS): An Unlikely Winner In Health Care Reform Middle East ETFs Under Pressure As Protests Intensify Active ETF Filings: Northern Trust Joins The Crowd 11 Rapid Fire ETF Ideas For 2011
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