West Texas Intermediate touched the highest since 2018 at the end of last week thanks to an improving demand outlook.
Here are five of the ETFs from different corners of the market that gained in double-digits last week.
The ISM Manufacturing PMI for the month of April missed expectations. Still, some areas and their related ETFs should stay strong.
April proved to be the solid month for the U.S. stock market with all the three major indices hovering near record highs.
Biden's first 100 days have delivered the strongest post-election equity returns in at least 75 years.
While Wall Street rejoiced the Biden administration's hefty stimulus, tax hike fears and rising rate worries are also looming.
The first week of March was mixed for Wall Street.
Growing vaccine distribution, hopes of hefty stimulus under the Biden presidency and OPEC+'s decision to continue production curbs should push oil prices higher ahead.
The Institute for Supply Management's (ISM) index of national factory activity rose to a reading of 60.8 in February (which had been the highest since February 2018) from 58.7 in January.
This has been a tough year for the oil sector with prices tumbling in the first half of the year and gaining in the latter half of the year.
As oil prices jumped, these sector ETFs may gain or lose.
Severe demand shocks emanated from coronavirus-led lockdowns, ample supplies and storage crisis caused oil price rout lately. These sector ETFs could win/lose amid the environment.
Here we discuss an ETF that can gain in the wake of President Trump's recent announcement of expanding tariffs on steel and aluminum derivative imports.
These sectors are directly related to the outbreak of Coronavirus in China in a positive or negative way,putting the spotlight on these ETFs and stocks.
The U.S. House of Representatives passed the USMCA deal, which is now likely to be approved by the Senate. The deal could make or break these ETFs.
U.S. Commerce Department imposes tariffs on structural steel from China and Mexico. We discuss the impact of the move on some ETFs.
August was trade-war trodden and dealt a blow to the broader equity market. These sector ETFs were among the most-hurt ones.
August has been all about renewed trade tensions and a host of global rate cuts. These ETF areas were the winning and losing ones.
The key ETF happenings of 1H are important in the second half as well. Let???s find out how.