Markets

Retail Sales Keep ETFs Afloat

Consumer spending rose modestly in July, but in these times of gloomy economic reports, this one was enough to keep the markets from turning further south.

According to the ETF Dashboard, overseas stocks and safe havens are back in fashion:

United States Gasoline (NYSEArca: Why Oil ETFs Are Rising.]

The eurozone economy grew a more-than-expected 1% in the second quarter, driven by Germany's best performance since reunification. Germany's export boom contributed to the 2.2% jump, which made up for slighter growth in Spain and Italy. iShares MSCI Germany (NYSEArca: Germany ETFs: Can the Momentum Continue?]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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