The largest small-cap ETF entered correction territory Friday as weak Chinese factory data fanned the flames of this week's global sell-off. Gold prices firmed in afternoon trade, with the flagship ETF holding physical bullion poised to hit its biggest weekly gains since January. Investors have flocked to haven assets amid anxieties that the carnage in emerging markets could set back the Federal Reserve's hopes for a rate lift-off. IShares Russell
Friday 21 August 2015
Small-Cap ETF Hits Correction; Gold ETF Shines Bright
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The largest small-cap ETF entered correction territory Friday as weak Chinese factory data fanned the flames of this week's global sell-off. Gold prices firmed in afternoon trade, with the flagship ETF holding physical bullion poised to hit its biggest weekly gains since January. Investors have flocked to haven assets amid anxieties that the carnage in emerging markets could set back the Federal Reserve's hopes for a rate lift-off. IShares Russell
The largest small-cap ETF entered correction territory Friday as weak Chinese factory data fanned the flames of this week's global sell-off. Gold prices firmed in afternoon trade, with the flagship ETF holding physical bullion poised to hit its biggest weekly gains since January. Investors have flocked to haven assets amid anxieties that the carnage in emerging markets could set back the Federal Reserve's hopes for a rate lift-off. IShares Russell
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