Economic data continued to disappoint last week amid a strengthening U.S. dollar that weighed on stock prices. The SPDR S&P 500 ETF (NYSE: SPY) will open 2.90 percent off its all-time high on Monday and at an important technical crossroads near the 50-day moving average. This trading zone may prompt a tug of war between the bulls and bears to determine the outcome for the rest of March.
The week ahead features several important economic releases including the monthly FOMC statement on Wednesday, homebuilders data, and industrial production statistics.
Here are the key ETFs to watch for the week of Monday, March 16:
iShares Core S&P Small Cap ETF (NYSE: IJR)
Small-cap stocks were noticeably stronger than large caps last ...
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