ETFdb Weekly Watchlist: XRT, TLT, EWC Hinge On Retail Data, FOMC, And Canadian GDP

U.S. equities pushed higher last week as Wall Street digested a slew of earnings and economic reports. Caterpillar (CAT)–one of the biggest manufacturers of construction and mining equipment–posted lower-than-expected quarterly results and cut its full year forecast. Microsoft (MSFT), 3M (MMM), and Ford Motor Company (F) beat analyst expectations, while telecom giant AT&T (T) also topped earnings estimates, though revenues fell in line with expectations. In economic news, initial jobless claims fell last week by 12,000, but came in higher than analyst expectations. Durable goods orders rose 3.7% in September, topping analysts’ estimates, while UoM consumer sentiment was revised down to 73.2 from a preliminary reading of 75.2. This week, investors will once again see a slew of earnings and economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Best (And Worst) Performing ETFs For Every Quarter]. 1. SPDR S&P Retail ETF Why XRT [...] Click here to read the original article on ETFdb.com. Related Posts: ETFdb Weekly Watchlist: TLT, EWU, XRT Hinge On FOMC, Bank of England, And Consumer Reports ETFdb Weekly Watchlist: XRT, ITB, EWC Hinge On Consumer, Housing and Canadian GDP Data ETF Insider: European Tensions On The Horizon 3 ETFs To Watch This Week: XRT, XHB, EWC 17 ETFs For Day Traders