Last week was upbeat for the broader market. The S&P 500 (up 0.8%), the Nasdaq (up 0.6%) and th
Last week was upbeat for the broader market. The S&P 500 (up 0.8%), the Nasdaq (up 0.6%) and the Dow Jones (up 1%) had been within the optimistic territory and scaled new highs as properly (learn: Top-Ranked Nasdaq-100 ETF at New High: 5 Best Stocks).
In any case, optimism has been sweeping the broader market since mid-October when the US and China introduced the phase-one commerce deal after months of wrangling. Respectable earnings releases, better-than-expected U.S. GDP information for the third quarter, straightforward world financial coverage and the extension of the Brexit deadline have additionally been aiding the market.
The rally reached a brand new degree on Nov 12 after President Donald Trump recommended {that a} commerce take care of China may see the sunshine of the day quickly. Towards this backdrop, we spotlight the perfect and worst-performing ETFs of final week.
Finest ETFs
iPath Bloomberg Cocoa Subindex Whole Return ETN NIB — Up 8.9%
Strengthening global demand for cocoa…