Click here to read the original article on ETFdb.com.
Related Posts:- No Related Posts
ETFdb Weekly Watchlist: FXI, EWG, EWC Hinge on GDP, Sentiment, and BOC
January 20, 2014 at 04:00 AM EST
Wall Street was in for an up and down week as a mixed bag of earnings and economic reports weighed heavily on investors. In earnings news, JP Morgan, Citigroup, and Wells Fargo reported mixed quarterly results, while Bank of America and Morgan Stanley beat the Street’s estimates. Corporate heavyweights GE and Intel, however, missed Wall Street’s projections. In economic news, initial jobless claims dropped 2,000 to 326,000; analysts were expecting new claims to come in at 331,000. Retail sales for December rose 0.2%, versus the expected 0.1%; UoM consumer sentiment, however, came in lower than expected. This week, investors will only see a handful of economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. 1. China Large-Cap ETF Why FXI Will Be In Focus: This fund measures the Chinese stock market with a large-cap spin, making [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Wall Street was in for an up and down week as a mixed bag of earnings and economic reports weighed heavily on investors. In earnings news, JP Morgan, Citigroup, and Wells Fargo reported mixed quarterly results, while Bank of America and Morgan Stanley beat the Street’s estimates. Corporate heavyweights GE and Intel, however, missed Wall Street’s projections. In economic news, initial jobless claims dropped 2,000 to 326,000; analysts were expecting new claims to come in at 331,000. Retail sales for December rose 0.2%, versus the expected 0.1%; UoM consumer sentiment, however, came in lower than expected. This week, investors will only see a handful of economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. 1. China Large-Cap ETF Why FXI Will Be In Focus: This fund measures the Chinese stock market with a large-cap spin, making [...]
