Market Vectors Agribusiness ETF (NYSE: MOO)
The third largest holding in the ETF, Deere & Co. (NYSE: DE), reports earnings this morning before the opening bell. The stock makes up 7.3 percent of the ETF and will set the stage for how the sector and the ETF move today.
Even though the global economy is not in robust mode, DE has been able to continue its uptrend as it trades a dollar below a new high. Not only will DE dictate the action of MOO today, it will also give investors a good indication of the economy in developed and emerging markets around the world.
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SPDR Utilities ETF (NYSE: XLU)
One of the top performing sectors of 2014 has run into some issues over the last week. Yesterday broke a three-session losing streak ...
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