April 30, 2009 at 1:43 pm by Tom Lydon
The markets and exchange traded funds (ETFs) in April had their fair share of ups and downs, but in the end, it was a positive month for several sectors and the major indexes.
The Dow Jones Industrial Average rose 7.3% for the month. The Nasdaq gained 12.7%, and the S&P 500 increased 9.4%. While there are some areas that are still struggling, a few sectors are also showing signs of improvement and crossing above their long-term trend lines (200-day moving average). This includes retail (up 20.9% in April), Taiwan (up 26.6%) and networking (up 29.7%).
The strongest sector this month was REITs, which rose about 32%.
For a complete look at the month of April, click through to see our April ETF Performance Report.
Tags: Asia, Dow Jones Industrial Average, Emerging Markets, ETF Performance Reports, NASDAQ, Retail, S&P 500, Taiwan, Technology
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