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Best And Worst ETFs Of The Week Amid Market Rebound

Benzinga.com
0 Comments| October 17, 2014

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The stock market slump reversed course this week as traders looked to overcome the downside momentum that threatened to erase 2014 gains.

On Friday, the SPDR S&P 500 ETF (NYSE: SPY) jumped 1 percent on better-than-expected earnings announcements and comments from Federal Reserve officials that steadied the markets.

SPY initially fell below its 200-day moving average earlier in the week for the first time since 2012. Friday’s gains helped recoup some, but not all, of the weekly losses that have accompanied this volatile month.

The following ETFs represent a sample of the best- and worst-performing funds over the last five trading sessions.

BEST: Biotechnology Stocks

Biotechnology stocks have been a market ...

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