Final
Final week was a strong one for the broader market. Hopes of a slowdown within the unfold of coronavirus boosted international markets. U.S. fairness funds like SPDR S&P 500 ETF Belief SPY, Invesco QQQ Belief QQQ and SPDR Dow Jones Industrial Common ETF Belief DIA have superior about 1.6%, 2.4% and 1.2%, prior to now 5 days (as of Feb 14), respectively (learn: Are U.S. Assets Acting as Safe Havens? ETFs in Focus).
All-world ETF iShares MSCI ACWI ETF ACWI has added 1.3% prior to now 5 days, all-important Asia ETF iShares Asia 50 ETF AIA has risen 2.9% and the rising market ETF iShares MSCI Rising Markets ETF EEM has climbed 1.9% (learn: Coronavirus Puts These Country ETFs on High Alert).
Upbeat earnings in all probability have snatched the highlight from coronavirus. China’s e-commerce big Alibaba Group BABA and semiconductor behemoth Nvidia NVDA reported strong earnings final week (learn: Alibaba Fiscal Q3 Earnings Put These ETFs in Focus).
The week additionally noticed the discharge of some upbeat U.S. financial indicators, together with jobs and retail gross sales knowledge. The January…