ETFs tracking major benchmarks extended their gains for a second straight day. Investors cheered as China stocks surged for the first time in several sessions and as GDP data showed strength in the U.S. economy. The relief rally, as of around midday, saw three exchange traded funds following major U.S. indexes recover some of their damages from recent days. Their sharp plunge this week followed a yuan devaluation that clouded views of China's
Thursday 27 August 2015
3 Flagship ETFs Rally On GDP Data; Blue Chips Gain
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
ETFs tracking major benchmarks extended their gains for a second straight day. Investors cheered as China stocks surged for the first time in several sessions and as GDP data showed strength in the U.S. economy. The relief rally, as of around midday, saw three exchange traded funds following major U.S. indexes recover some of their damages from recent days. Their sharp plunge this week followed a yuan devaluation that clouded views of China's
ETFs tracking major benchmarks extended their gains for a second straight day. Investors cheered as China stocks surged for the first time in several sessions and as GDP data showed strength in the U.S. economy. The relief rally, as of around midday, saw three exchange traded funds following major U.S. indexes recover some of their damages from recent days. Their sharp plunge this week followed a yuan devaluation that clouded views of China's
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