TradingMarkets 7 ETFs You Need to Know for Monday
Sectors across the board moved higher on the first trading day of the new year, with technology and energy exchange-traded funds among those moving most aggressively.
Here are 7 ETFs You Need to Know for Monday.
Technology stocks helped make the Nasdaq the percentage leader to the upside on Friday, as stocks like Microsoft
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India cut its interest rate and announced a second stimulus plan. The India Fund, IFN
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Leaders early and late were energy stocks on Friday. Led by Masey Energy
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European stocks started 2009 with a bang, as stock markets in Germany and France closed higher on the first trading day of the year. The iShares MSCI Germany Index ETF, EWG
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Of the sectors participating in Friday’s mass move higher, the financial sector tended to lag behind. Should traders return to financial stocks on Monday with the same fervor with which they bought technology stocks on Friday, then ETFs such as the ProShares Ultra Financials ETF, UYG
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