The better-than-expected payroll report managed to stabilize the stock market on Friday and immediately led to additional speculation about the Federal Reserve’s timetable for raising short-term lending rates. Expectations have now moved to a late-2015 lift off versus any type of mid-year adjustments.
Despite this upbeat economic data, the SPDR S&P 500 ETF (NYSE: SPY) finished the week down more than half a percent and is now sitting quite near its 50-day moving average. In addition, further interest rate volatility led to a steep weekly decline in long-duration Treasury bonds that make up the iShares 20+ Year Treasury BondETF (NYSE: TLT).
The following ETFs represent a sample of the best- ...
/www.benzinga.com/etfs/broad-u-s-equity-etfs/15/06/5572758/best-and-worst-etfs-fro-last-week-amid-june-gloom alt=Best And Worst ETFs From Last Week Amid June Gloom>Full story available on Benzinga.com
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