May 31, 2007 at 3:39 pm by Tom Lydon
May brought new highs to many of the indexes and exchange traded funds (ETFs). Domestically, indexes were up about 3% for the month. The Dow finished above 13,600.
Global markets also received a push up, as Latin America gained an average of 12%; Asian countries were not far behind as China and Singapore rose 7-9%. Canada had 9% gains, while Europe was more in-line with domestic indexes, up about 3%.
Telecom and internet infrastructure were the leading sectors, up over 9%.
To view the full report for May, click here: Download 05-31-07ETFReport.pdf
Tags: EWC, Sector ETFs
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