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Wednesday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC)

By: ETFdb
Equity markets were mixed on Tuesday as tensions remain high with investors awaiting for a concrete plan of action from Euro zone leaders. On the home front, U.S. consumer confidence came in better-than-expected, sending the Dow Jones Industrial Average higher by 0.28% for the day, while the Nasdaq lagged behind, shedding 0.47% on the day. Crude oil inched higher by over 1% for the day, with futures prices settling just below $100 a barrel. Gold was a bit more conservative, tacking on minimal gains and settling near $1,720 an ounce as the trading session drew to a close. Canada’s third-quarter GDP is slated to come out later today, shifting the spotlight onto the iShares MSCI Canada Index Fund (EWC) for the day [see EWC Scorecard & Rankings]. Analysts are expecting for growth to come in at 2.7% year-over-year, which is a modest improvement from the previous reading of 2.4%. EWC [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Caution, Bumpy Trading Ahead ETF Insider: Markets In Limbo Three ETFs To Watch This Week: EWC, PIC, GERJ Friday’s ETF Chart To Watch: iShares MSCI Canada Index Fund (EWC) Three ETFs To Watch This Week: EWP, XLI, EWC
Equity markets were mixed on Tuesday as tensions remain high with investors awaiting for a concrete plan of action from Euro zone leaders. On the home front, U.S. consumer confidence came in better-than-expected, sending the Dow Jones Industrial Average higher by 0.28% for the day, while the Nasdaq lagged behind, shedding 0.47% on the day. Crude oil inched higher by over 1% for the day, with futures prices settling just below $100 a barrel. Gold was a bit more conservative, tacking on minimal gains and settling near $1,720 an ounce as the trading session drew to a close. Canada’s third-quarter GDP is slated to come out later today, shifting the spotlight onto the iShares MSCI Canada Index Fund (EWC) for the day [see EWC Scorecard & Rankings]. Analysts are expecting for growth to come in at 2.7% year-over-year, which is a modest improvement from the previous reading of 2.4%. EWC [...]

Click here to read the original article on ETFdb.com.

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