TradingMarkets 7 ETFs You Need to Know for Wednesday
Most markets rebounded on Tuesday, taking country and sector ETFs up from oversold conditions in many instances. Financials were the ETF sector leaders of the day, while safety sectors like health care – which was up big yesterday – and consumer staples remained flat.
Around the world, country ETFs from Brazil to China were up as much as 2% intraday, as buyers returned to these recently oversold markets.
Here are 7 ETFs You Need to Know for Wednesday.
Leading the pack on Tuesday were financial stocks, particularly shares of American Express
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Gaining more than 5% intraday were shares of the Direxion Daily Financial Bull 3x Shares ETF
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Some of the biggest bounces in the markets on Tuesday were in country ETFs like the iShares MSCI Brazil Index ETF
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A number of ETFs remain near oversold territory above the 200-day moving average. These include the Health Care Select Sector SPDR ETF
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Still under the control of sellers despite being up on an up-to-close basis on Tuesday was the iShares Silver Trust ETF
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