Wall Street was in for several up-and-down sessions last week, as worse-than-expected economic reports weighed heavily on the markets. In January, the ISM manufacturing PMI came in at 51.3, the lowest figure since May. In labor news, ADP said that 175,000 private sector jobs were created in January, which was below expectations of 193,000; weekly jobless claims, however, posted a larger-than-expected decline of 20,000 to a seasonally adjusted 331,000. The Labor Department also reported that 113,000 jobs were added in January, well below the 189,000 estimate. The unemployment rate fell from 6.7% to 6.6%. This week, investors will once again see a slew 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. Barclays 20 Year Treasury Bond Fund Why TLT Will Be In Focus: This fund is designed to measure the performance [...] Click here to read the original article on ETFdb.com. Related Posts: ETFdb Weekly Watchlist: XRT, TLT, EWC Hinge On Retail Data, FOMC, And Canadian GDP ETFdb Weekly Watchlist: EWC, EWA, TLT Hinge on Trade Data and FOMC ETFdb Weekly Watchlist: TLT, EWC, EWU Hinge on Yellen, BOC, and BOE ETFdb Weekly Watchlist: TLT, EWU, XRT Hinge On FOMC, Bank of England, And Consumer Reports ETFdb Weekly Watchlist: XRT, ITB, EWC Hinge On Consumer, Housing and Canadian GDP Data
Wall Street was in for several up-and-down sessions last week, as worse-than-expected economic reports weighed heavily on the markets. In January, the ISM manufacturing PMI came in at 51.3, the lowest figure since May. In labor news, ADP said that 175,000 private sector jobs were created in January, which was below expectations of 193,000; weekly jobless claims, however, posted a larger-than-expected decline of 20,000 to a seasonally adjusted 331,000. The Labor Department also reported that 113,000 jobs were added in January, well below the 189,000 estimate. The unemployment rate fell from 6.7% to 6.6%. This week, investors will once again see a slew 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. Barclays 20 Year Treasury Bond Fund Why TLT Will Be In Focus: This fund is designed to measure the performance [...]
Click here to read the original article on ETFdb.com.
Related Posts:- ETFdb Weekly Watchlist: XRT, TLT, EWC Hinge On Retail Data, FOMC, And Canadian GDP
- ETFdb Weekly Watchlist: EWC, EWA, TLT Hinge on Trade Data and FOMC
- ETFdb Weekly Watchlist: TLT, EWC, EWU Hinge on Yellen, BOC, and BOE
- ETFdb Weekly Watchlist: TLT, EWU, XRT Hinge On FOMC, Bank of England, And Consumer Reports
- ETFdb Weekly Watchlist: XRT, ITB, EWC Hinge On Consumer, Housing and Canadian GDP Data
