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

Mild selling pressures swept over Wall Street on Wednesday as the bulls found it hard to hold on to profits in the face of disappointing data. Major equity benchmarks slid lower on the day as U.S. GDP missed the mark; quarterly economic growth came in at negative 0.1%, falling short of the 1.0% estimate as a cutback in government spending took its toll on the gross output figure. Elsewhere on the domestic front, the labor market continued to show steady signs of improvement after the ADP employment figure came in at 192,000, sailing past the expected figure of 173,000 jobs [Download 101 ETF Lessons Every Financial Advisor Should Learn]. Trading activity on the homefront should be quite eventful today as markets digest weekly jobless claims, personal income and consumer spending data. Investors may also turn their attention to the north as Canada releases it’s own GDP report. As such, the iShares MSCI Canada [...] Click here to read the original article on ETFdb.com. Related Posts: Free ETF Trading: Comparing All The Options Biggest Veteran ETF Winners Since Inception Brief History Of ETFs Three ETFs To Watch This Week: GERJ, SPY, EWC Ten New Year’s Resolutions For ETF Investors