TradingMarkets 7 ETFs You Need to Know for Friday
Early and aggressive selling early in the Thursday session was met by even more aggressive buying later in the day, keeping a number of ETFs from retreating into overbought territory.
Here are 7 ETFs You Need to Know for Friday.
From a sector perspective, buyers were most interested in financial shares on Thursday, making the Financial Select Sector SPDRS ETF
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After moving lower for three consecutive trading days, basic materials ETFs like the iShares Dow Jones Basic Materials Sector Index ETF
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Among the country ETFs that are still oversold above the 200-day moving average, the iShares MSCI Hong Kong Index ETF
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Up nearly 1% late in the day was the CurrencyShares Euro Trust ETF
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Late strength in stocks had produced late weakness in bonds. This has meant lower levels for bond ETFs like the iShares iBoxx Investment Grade Corporate Bond ETF
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