Friday’s better than expected jobs number sent the stock market into a tailspin and the week ahead will be a closely watched indicator of investor commitment.
The positive economic data and recent selling may indicate investors are anticipating a 2015 rate hike, which will be a significant departure from half a decade of Federal Reserve zero interest rate policy.
The week ahead features several important economic releases including February retail sales, consumer sentiment index, and the Federal budget.
Here are the key ETFs to watch for the weekWhat c of Monday, March 9:
PowerShares U.S. Dollar Index Bullish Fund (NYSE: UUP)
The U.S. dollar index broke out to a new 52-week high on Friday amid global equity weakness and continued depreciation in the euro. UUP is the largest currency-focused exchange-traded fund with ...
/www.benzinga.com/etfs/sector-etfs/15/03/5307084/u-s-dollar-dow-jones-and-utility-etfs-to-watch-this-week alt=U.S. Dollar, Dow Jones and Utility ETFs To Watch This Week>Full story available on Benzinga.com
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