TradingMarkets 7 ETFs You Need to Know for Friday
Follow-through to the downside for most indexes and sectors continued for a second day. Corrections so far have been most sharp in basic materials and industrials.
Here are 7 ETFs You Need to Know for Friday.
Speaking on Bloomberg TV earlier on Wednesday, famed investor Barton Biggs, said that he considers China, India and Russia to be among the most compelling markets for global investing going forward. ETF traders can get exposure to Chinese stocks by way of the iShares FTSE/Xinhua 25 Index ETF, FXI
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PowerRating). Traders of Indian stocks include The India Fund, IFN
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Rallying for a second consecutive session, the ProShares UltraShort Dow 30 ETF, DXD
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PowerRating) gained more than 9% on Thursday.
Technology shares in general were lower on Thursday with the Select Technology Sector SPDRS, XLK
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On the retreat for a second trading day in a row was the ProShares Ultra Financial exchange-traded fund, UYG
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Deutsche Bank analysts suggested on Thursday that default risk had been priced into corporate bonds and increasingly represented a compelling alternative to equities. Traders can get exposure to the corporate bond market through exchange-traded funds such as the iShares iBoxx InvesTop Corporate Bond Fund, LQD
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PowerRating), which was up modestly on Thursday.
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