Thanks to some assistance from major central banks (what else drives markets these days?), U.S. stocks rallied Friday with the S&P 500 gaining 1.1 percent to cap a 2.4 percent weekly surge. That strong weekly performance was enough to lift the benchmark U.S. index back into positive territory on a year-to-date basis.
On Friday, the People’s Bank of China (PBoC) surprisingly pared interest rates, news that arrived a day after the European Central Bank (ECB) set the stage for more quantitative easing following its December meeting. Those headlines also set the stage for some marquee exchange traded funds to watch in the week ahead.
The WisdomTree Europe Hedged Equity Fund (NYSE: HEDJ) is among the predictable beneficiaries of added ECB stimulus and this year's top asset-gathering ETF reflected as much during the just completed trading week. HEDJ gained nearly 2.2 percent on Friday on volume that was approximately 70 percent above the daily average to cap 5.2 percent weekly gain.
HEDJ has ...
/www.benzinga.com/news/earnings/15/10/5941055/etf-week-ahead-preview-trying-to-hold-these-gains alt=ETF Week Ahead Preview: Trying To Hold These Gains>Full story available on Benzinga.com
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