Three ETFs To Watch This Week: RTH, TIP, XLI
November 15, 2010 at 04:00 AM EST
This past week saw no shortage of events that had the financial world buzzing with activity. The Fed implemented a portion of their controversial quantitative easing plan, buying a number of U.S. Treasury securities in an effort to jump-start our struggling economy. While this policy has been met with mixed reaction at home, it has seen near universal condemnation abroad. Leading up to, and during the G-20 meeting in Seoul this week, many leaders expressed their concerns and disapproval of the U.S. printing more money and effectively manipulating the dollar’s value, further driving a wedge between the U.S. and the rest of the world. Aside from international affairs, stock markets faced a tough close to the week as Cisco reported disappointing earnings, dragging down the entire tech sector. Finally, the week closed out with China’s major stock exchanges losing 5% on the day as fears of a rate hike sent [...] Click here to read the original article on ETFdb.com. Related Stories: Three ETFs to Watch This Week: EIS, TIP, GDX Three ETFs To Watch This Week: RTH, EWU, IAH Three ETFs To Watch This Week: GLD, RTH, FXY