The upcoming week will once again signal the start to earnings season, which will be kicked off by Alcoa Inc (NYSE: AA) on Wednesday. The quarterly results will be a welcome distraction for U.S. investors from the pessimistic headlines in overseas markets.
In addition to earnings announcements, key economic events to watch will include: FOMC minutes, weekly jobless claims, and wholesale inventories.
Here are the key ETFs to watch for the week of July 6:
Materials Select Sector SPDR ETF (NYSE: XLB)
Basic materials stocks will certainly be in focus this week as aluminum producer Alcoa releases their latest fiscal results. This stock is represented in the sector benchmark XLB, which tracks 31 large-cap chemical, mining, and materials companies.
This ETF just ...
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