TradingMarkets 7 ETFs You Need to Know for Friday
Energies led markets higher on Thursday, with consumer cyclical and technology exchange traded funds also advancing. Both financials and health related ETFs remained flat. Many of the biggest gains were in country ETFs, with only the iShares MSCI Malaysia Index ETF
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PowerRating) hinting at a potential pullback.
Here are 7 ETFs You Need to Know for Friday
With the S&P 500 Index poised to close higher for a fifth consecutive trading day, the S&P Depository Receipts ETF
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PowerRating) gained more than 1%.
Country ETFs from regions as diverse as Latin America and Asia were up more than 1% across the board on Thursday. Among the biggest ganers was the iShares MSCI Brazil Index ETF
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PowerRating), up more than 2% late in the trading day.
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Reflecting the broad-based strength of the technology sector, the Technology Select Sector SPDRS ETF
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PowerRating) was up more than 1% while the Semiconductor HOLDRS ETF
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Rallying to its highest level in more than a month was the CurrencyShares British Pound Sterling ETF
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PowerRating).
Every dog has its day – and the same can be said for the long-term oversold United States Natural Gas ETF
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PowerRating) which continued its recent bounce into overbought territory below the 200-day moving average on Thursday. UNG was up well over 6% late in the day.
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