The big winner in the market’s last week was Treasury bonds, as further volatility in stocks led to traders scooping up high quality fixed-income assets. Now the broad-based SPDR S&P 500 ETF (NYSE: SPY) will once again face a crossroads when the opening bell rings on the first trading day of June.
See Also: Best And Worst ETFs Of The Week Amid Treasury Buying Spree
The summer months are often characterized by lower volume and heightened volatility, which seems to be a trend that has already established itself this year.
Several important events this week have the potential to impact the market including: personal spending, motor vehicle sales and non-farm payroll data.
Here are the key ETFs to watch for the week of June 1:
Health Care Select Sector SPDR (NYSE: XLV)
Healthcare stocks have continued to show tremendous ...
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