January 30, 2009 at 2:43 pm by Tom Lydon
Economic news and corporate earnings from fourth quarter were reported through the month, affecting markets and exchange traded funds (ETFs).
The Dow Jones industrial average lost nearly 9% for the month, the S&P 500 was down 8.6% and the Nasdaq 6.4%.
iShares MSCI Chile (ECH) and iShares MSCI Brazil (EWZ) were the country ETFs with positive return for the month. Up 12.2% and 1.5% respectively. U.S. Gasoline (UGA) gained 19.2% and iShares Silver Trust (SLV) also had double digit performance of 11.5%.
Click here to see the full January ETF performance report.
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