Friday’s ETF To Watch: Canada Fund (EWC)

The last few weeks have been unkind to equities, as fears of another European debt crisis looms over markets. December, however, has turned things around, posting two consecutive days in the green for the three major U.S. indexes. The positive results were spurred by a slew of positive economic data showing signs of economic growth in sectors such as retail and housing that have been dormant since the market collapsed in late 2008. As the first two days of the month have gotten off to a positive start, investors are hopeful that this month will turn out like September or October, where the Dow saw strong gains, finally eclipsing the 11,000 mark. But keeping markets in the green will rely heavily on economic data from around the world, and today will see a number of key reports released by our neighbor to the north, Canada [see also How Investors CAN [...] Click here to read the original article on ETFdb.com.