TradingMarkets 7 ETFs You Need to Know for Wednesday

Stocks resumed their advances on Tuesday, led by an eclectic mix of strength in sectors as diverse as telecommunications and energy.

Here are 7 ETFs You Need to Know for Wednesday.

Among the sector leaders on Tuesday was telecommunications, with AT&T
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gaining more than 4% and Verizon Communications
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advancing by more than 3%. ETF traders and investors can get exposure to this group by way of exchange-traded funds like the Telecommunications HOLDRS
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, as well as the iShares Dow Jones U.S. Telecommunications Services ETF
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and the Vanguard Telecom Services ETF
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.

Also advancing on growing confidence and optimism were consumer cyclical or discretionary ETFs such as the Consumer Discretionary Select Sector SPDRS ETF
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. Some of the bigger components of the XLY are stocks like home improvement retailers Home Depot
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and Lowe’s
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, as well as Comcast
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and Amazon.com
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.

Strength in the energy markets meant higher prices for ETFs linked to the price of energy commodities like the United States Oil Fund ETF
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, which tracks the price of crude oil, and the United States Gasoline Fund ETF
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, which invests in commodity futures in order to track the price of gasoline.

Up by more than 2% late in trading on Tuesday was the iShares S&P Latin America 40 Fund ETF
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. Tuesday’s rally puts ILF back into overbought territory below the 200-day moving average.