Internet stock ETFs reversed sharply Wednesday along with the broad market as data showed that job openings surged in July. The news rattled investors, sparking fears of an earlier-than-expected rate hike. Internet stocks trimmed early gains amid today's launch of a new Web-focused Apple TV. First Trust Dow Jones Internet (FDN) inched 0.07% lower on the stock market today. Among its top holdings, Amazon (AMZN), Priceline (PCLN) and Google (GOOGL)
Thursday 10 September 2015
Internet ETFs Slip As Apple's Web Ambitions Grow
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Internet stock ETFs reversed sharply Wednesday along with the broad market as data showed that job openings surged in July. The news rattled investors, sparking fears of an earlier-than-expected rate hike. Internet stocks trimmed early gains amid today's launch of a new Web-focused Apple TV. First Trust Dow Jones Internet (FDN) inched 0.07% lower on the stock market today. Among its top holdings, Amazon (AMZN), Priceline (PCLN) and Google (GOOGL)
Internet stock ETFs reversed sharply Wednesday along with the broad market as data showed that job openings surged in July. The news rattled investors, sparking fears of an earlier-than-expected rate hike. Internet stocks trimmed early gains amid today's launch of a new Web-focused Apple TV. First Trust Dow Jones Internet (FDN) inched 0.07% lower on the stock market today. Among its top holdings, Amazon (AMZN), Priceline (PCLN) and Google (GOOGL)
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