Global markets also rose as European stocks were the big winners. iShares MSCI Sweden (EWD) was up 10.6%, followed by iShares MSCI Germany (EWG) up 9.0% and iShares MSCI South Africa (EZA) 7.6%. Japan was the only country to experience a downturn, losing 2.3%.
Positive earnings reports helped boost many of the ETFs, especially the semiconductors, which were up 9.6% for the month. Metals & Mining ended the month with an 8.6% gain and biotechnology was up about 8%.
To view the full report for April, click here:Download 04-30-07ETFReport.pdf
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